Rain clouds gather over the ODPM's parade
Series: Estates Gazette ; (0408) 21 February 2004, 124-126(3)Publication details: 2004Subject(s): Summary: Argues that the right to enfranchise route to buying the freehold of a flat is fraught with procedural pitfalls and is inferior and more expensive than the current system. Reviews the background to the development of the concept of a right to enfranchise company and outlines the practical problems associated with it: the lack of deemed service provisions for the notice of invitation to participate, the fact that the price on a collective enfranchisement is entirely dependent on the number of participators and the lease length of each participator. Recommends that those who want to buy their freeholds should do so now before the introduction of the new provisions under the Commonhold and Leasehold Reform Act 2002.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS67531 (Browse shelf(Opens below)) | 1 | Available | 125279-1001 |
Argues that the right to enfranchise route to buying the freehold of a flat is fraught with procedural pitfalls and is inferior and more expensive than the current system. Reviews the background to the development of the concept of a right to enfranchise company and outlines the practical problems associated with it: the lack of deemed service provisions for the notice of invitation to participate, the fact that the price on a collective enfranchisement is entirely dependent on the number of participators and the lease length of each participator. Recommends that those who want to buy their freeholds should do so now before the introduction of the new provisions under the Commonhold and Leasehold Reform Act 2002.