FAQs

Your questions answered

  • All
  • Collective Enfranchisement
  • FAQs
  • General
  • Ground Rent
  • Leases
  • Section 166 demand for ground rent
  • Section 20 Notice of major works
  • Section 3 Notice
  • Section 5 Right of First Refusal
  • Selling freehold ground rents
  • Valuing freehold ground rents
All
  • All
  • Collective Enfranchisement
  • FAQs
  • General
  • Ground Rent
  • Leases
  • Section 166 demand for ground rent
  • Section 20 Notice of major works
  • Section 3 Notice
  • Section 5 Right of First Refusal
  • Selling freehold ground rents
  • Valuing freehold ground rents
FAQsSection 3 Notice

What is a Section 3 Notice?

A Section 3 Notice informs leaseholders of a change of landlord/freehold owner and provides the new landlords details. The new landlord is obliged to notify the tenants of their details within two months or no later than the next rent due date.

FAQsValuing freehold ground rents

What information do you need from me to value my freehold interest?

We simply need the address of the property so that we can obtain copies of the leases from Land Registry.

FAQsSection 3 Notice

How long do I have to inform tenants that I’m their new landlord?

You must serve tenants a Section 3 Notice to inform them that you are their new landlord within two months of purchasing the freehold or before the next rent due date.

FAQsValuing freehold ground rents

How accurate is your freehold calculator?

Our freehold valuation calculator has been formulated using current market data to provide you with the most accurate estimations possible. Although the results will help you to understand the potential value of your freehold ground rents, they should not be used in place of a formal valuation. The results should not be relied upon and cannot be used in a tribunal or court proceedings.

FAQsValuing freehold ground rents

How much do your freehold valuations cost?

Our freehold valuations are market appraisals based on the sale potential of the freehold. This service is provided for free for freeholders wishing to sell their freehold interest.

FAQsValuing freehold ground rents

How long will it take for you to value my freehold interest?

We can provide you with a valuation of your freehold interest in under 24-hours but in most cases, you’ll hear from us on the same day that you enquire.