If you’re looking into selling the freehold of a property that contains flats, you need to know about the Right of First Refusal.

The Right of First Refusal is part of the Landlord and Tenant Act 1987, as amended by the Housing Act 1996, that requires you by law to offer the freehold to the qualifying tenants before disposing the property.

If you’re not familiar with the Right of First Refusal, we’ve developed a guide that explains everything you need to know before you sell your freehold. We’ve covered the following frequently asked questions about Right of First Refusal:

  • What is Right of First Refusal?
  • What properties require Right of First Refusal?
  • Who are qualifying tenants?
  • What happens if you don’t offer Right of First Refusal?
  • How does the Right of First Refusal work?
  • What is a Section 5A notice?
  • What happens if the 5A offer is accepted?
  • When to seek legal advice
  • What happens if the 5A offer is not accepted?
  • What is a Section 5B notice?

Take a look at our Right of First Refusal Guide to get all the information you need to sell your freehold legally.

If you need any help with Right of First Refusal, we offer a dedicated Right of First Refusal service. Call us on 01245 227 920 or email [email protected] for more information.