When you purchase a freehold property, you are legally required to inform tenants that you are their new landlord. Get your free, Section 3 template today.
If you’re selling a freehold privately, you’ll need to serve Section 5A Notices on qualifying tenants to offer them the Right of First Refusal.
When selling a freehold by public auction, you’ll need to serve Section 5B Notices on qualifying tenants to offer them the Right of First Refusal.
If your freehold property requires major works, you may need to serve the Section 20 Notice. Start the consultation procedure with our free template.
Any demand for ground rent must be made using a Section 166 Notice. We offer two solutions to help you retrieve rent for up to six previous years.
A Section 166 demand notice is a formal ground rent demand issued to tenants (leaseholders) in order to collect ground rent due under the lease. This notice must conform to a prescribed format, which is set out in Section 166 of the Commonhold and Leasehold Reform Act 2002.
If a freeholder fails to serve a Section 166 demand notice correctly, the tenant will not be liable to make any payment for ground rent. However, when the demand is served in the correct manner, the landlord can issue backdated demands for up to six years of unpaid ground rent.
Our professional Section 166 demand notice template is a 100% free and compliant notice, which you can get straight to your email inbox today.
It is crucial that ground rent demand templates are completed accurately, as any mistakes or inaccuracies will render them invalid. Furthermore, you’ll need to ensure that you follow the Section 166 process correctly. Failure to do so may prevent you from being able to claim the ground rent from your leaseholders.
To get your free Section 166 template, please send a request via the contact form above.
Please specify whether your freehold property is located in England or Wales in order for us to send you the appropriate notice template.
Owning a freehold isn’t easy, especially when you have difficult tenants to contend with. It’s all too common to find yourself in a position where you’re constantly chasing money owed, or suffering legal expenses trying to recover the debts. Add this to the many other responsibilities involved with owning a freehold and you can find yourself with one big headache.
Fortunately, it’s really easy to relieve yourself of these stresses by selling your freehold ground rents to Freehold Sale. We’ve helped many freeholders to sell their freehold interest quickly and for the maximum value, so you’ll always end up better off. And as highly experienced freehold buyers, we are experts in managing the sale process and dealing with existing leaseholders, which means you won’t have to worry about a thing.
We also offer a free template for the Section 20 Notice, which enables you to recover costs for major works to your freehold property. Section 20 consists of a three-stage consultation process that must be followed by freeholders.
If you’ve just purchased a freehold interest, you may benefit from our free Section 3 Notice template, which informs tenants of the assignment of landlord’s interest. You are legally required to serve this notice to your tenants, even if the previous landlord has done so.
For informative articles, tips and advice for freeholders, head over to our Resources Page.
Our aim is to make selling a freehold fast and simple for our customers and we can do this because we are expert freehold buyers, with a wealth of experience.