Case StudiesResidential Services

102 Apartment Development

102 Apartment Development London E14

Right to Enfranchise for a 102 Apartment Development in London E14

Summary

Working with our client’s board and company secretary we rallied together over 85% of the leaseholders to enfranchise the Freehold of this Riverside development.

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Working with our client’s board and company secretary we rallied together over 85% of the leaseholders to enfranchise the Freehold of this Riverside development. 

The Leases were fast approaching the 80 year mark and having built a good relationship with many of the Members we were in prime position to gather support for the initiative which has delivered increased Asset Value as each participant was granted a 999 year lease.

Our role included nominating Solicitors and Valuation Surveyors for a tender exercise and then working with the respective professions during the course of the project.

Testimonials

I visited my apartment yesterday and I would just like to say how well the common parts were maintained! The staircase carpet & walls were immaculate. This is the first time I have ever congratulated a Managing Agent!

Alliance have now managed the development for five years and have been very professional and excellent in all aspects, particularly any outstanding service charge debt collection, communication and the delivery and coordination of external and internal works to the building. Such a change from all the previous agents!

Could you please pass on a very big 'thank you' to all your team at Alliance MA for paving the way for new beginnings at our site. Your sound legal advice, professional guidance and experience enabled a complete turn around. We now have transparency where finances are concerned and a much cleaner environment for us all to live in. A complete transformation indeed. Greatly appreciated

I cannot imagine how much work you must all have put in to getting previous years' accounts corrected. I think you are doing an excellent job.