How We Saved Our Clients Thousands in Leasehold and Freehold Transactions Part – 2
Quick Enquiry Form
At Leasehold Valuations, our commitment to our clients is unwavering. We are dedicated to securing the best possible outcomes for leaseholders and freeholders in their property transactions. Below are some real success stories that exemplify our ability to negotiate effectively, reduce costs, and achieve substantial savings for our valued clients.
Case 1: Lease Extension Savings
Situation: A 2-bedroom flat within a block needed a lease extension. The landlord initially proposed a significant premium of £36,000.
Our Solution: With our expertise in lease extensions, we entered negotiations on behalf of our client. Through strategic negotiation and a deep understanding of leasehold valuations, we successfully reduced the premium to a far more reasonable £26,500. This substantial reduction not only extended the lease but also saved our client a significant sum.
Case 2: A Remarkable Reduction in Freehold Purchase Premium
Situation: Our client sought to purchase the freehold of their house. The landlord originally demanded a premium of £2,000.
Our Solution: Advocating for our client’s interests, we embarked on negotiations. Leveraging our proficiency in freehold purchases, we secured an extraordinary outcome—a premium reduction from £2,000 down to a mere £50. This remarkable reduction showcased our ability to maximise savings for our clients.
Case 3: Collective Freehold Purchase Savings
Situation: Four leaseholders were determined to purchase the freehold of their property. The landlord initially insisted on a premium of £113,000.
Our Solution: Serving as the leaseholders’ advocate, we skillfully negotiated with the landlord. Our in-depth knowledge of freehold enfranchisement and our commitment to achieving the best outcome led to a significant victory. The final agreement saw the premium reduced to £70,000, resulting in collective savings of £43,000 for the leaseholders.
Case 4: A Cost-Effective Freehold Purchase
Situation: Two leaseholders aimed to purchase the freehold of their property. The landlord initially requested a premium of £15,250.
Our Solution: Stepping in to represent our clients, we harnessed our expertise in freehold purchases. Through effective negotiation, we successfully reduced the premium to £12,300, providing our clients with a cost-effective solution while retaining their property rights.
These success stories underscore Leasehold Valuations’ unwavering dedication to our clients’ best interests. Our commitment to strategic negotiation, in-depth knowledge, and a deep understanding of property transactions consistently lead to remarkable outcomes. Whether you’re seeking a lease extension, freehold purchase, or collective enfranchisement, you can trust Leasehold Valuations to be your partner in achieving substantial savings and securing the best possible results for your property transaction needs.