Eligibility for purchasing the freehold
Only qualifying leaseholders can take part. A qualifying leaseholder requires a long lease, which is generally:
- A lease for a fixed term in excess of 21 years when first granted
- The continuation of a long lease under the Local Government Housing Act 1989 following the expiry of the original term
- A shared ownership lease where the leaseholder’s share is 100%
Even if the leaseholder satisfies the above criteria, he or she will not be a qualifying leaseholder if any of the following cases apply:
- The landlord is a charitable housing trust and the flat is provided as part of the charity’s functions
- The leaseholder owns more than two flats in the building
- The leaseholder has a business or commercial lease
- There must be a minimum of two flats in the building
- At least two-thirds of the flats must be leasehold
- No more than 25% of the internal floor area to be in non-residential use
Statutory lease extension
You are entitled to apply for a lease extension provided you meet the following criteria:
The property is 100% owned
The property has been 100% owned for 2 years
The leaseholder has no breaches in their lease
The lease was granted for a fixed term initially for at least 21 years at a low rent
Providing conditions are met under the terms of any lease
To see if you qualify and for more information about the process read our Guide to Statutory Lease Extension.
If you would like further independent advice on this process, please visit the Leasehold Advisory Service website.
Voluntary lease extension
If you do not qualify for a statutory extension, please read our Guide to Voluntary Lease Extension.