Currell Chartered Surveyors – Professional Services
Currell’s team of experienced chartered surveyors offer a broad range of premier services throughout London and the UK. We strive to maintain the highest standards, and as a member of the Royal Institution of Chartered Surveyors, we provide impartial, sound advice across our range of specialist services.
Our professional chartered surveyors are happy to assist you in dealing with Insolvency, Valuations and Surveys, Commercial Landlord and Tenant Matters, Lease Extension and Enfranchisement and Charity and Public Sector Developments. To read more about these services please click the appropriate link below; or for a confidential initial discussion of your requirements, please contact us via email, telephone us on 020 7354 5050.
Property Valuations
We provide comprehensive and accurate property valuation services for corporate and private clients throughout London and the UK. Our London property valuation services cover all types of premises; including shops, offices, factories, residential, land and investments. All valuations are carried out in accordance with the RICS Valuation Standards (the Red Book).

Landlord and Tenant Services
We are able to advise on rent reviews and lease renewals on all types of properties in London and the South East. Our experienced team addresses technical and legal issues, as well as examining market evidence and conditions. Where disagreements occur between two parties, Currell employ methods to successfully resolve the dispute and advise our clients on the best way to mitigate costs.

Consultancy and Advice for Charities & the Public Sector
Currell offers consultancy and advice for charities and also to the public sector, not only in London but throughout the UK. We provide valuations for charities, made in accordance with The Charities Act and have acted for a number of Local Authorities and publicly funded organisations giving valuation and commercial Landlord and Tenant advice together with valuation and marketing advice for disposal of vacant premises.

Leasehold Enfranchisement London
Currell Chartered Surveyors has an impressive track record of successes acting on behalf of lessees and lessors for lease extension and enfranchisement throughout London. Our experienced team always act in the best interest of our clients, providing sound advice and undertaking negotiations with other parties when required.

Collective Enfranchisement London
Collective enfranchisement is a statutory right for qualifying tenants in a purpose-built or converted block of flats to purchase their Freehold, subject to certain qualifications.
Collective Enfranchisement London
HTML Title: Collective Enfranchisement London | Currell Estate Agents – Collective enfranchisement in London information
Description: Collective Enfranchisement Information - Currell’s London Estate Agents. Find out more about collective enfranchisement online at Currell.com.
Collective Enfranchisement in London
Collective enfranchisement is a statutory right for qualifying tenants in a purpose-built or converted block of flats to purchase their Freehold, subject to certain qualifications.
Below is some information and advice about collective enfranchisement in London. For further information and advice, please contact Currell estate agents in London, and one of our experienced staff will be happy to answer any questions you have.
The Rights of Leaseholders
According to the Leasehold Reform, Housing and Urban Development Act 1993 (as amended by the Commonhold and Leasehold Reform Act 2002), a group of leaseholders may be entitled to apply to the freeholder of their building to purchase. This is the process known as ‘collective enfranchisement’.
To qualify for collective enfranchisement, you must fulfil the following criteria:
- The building you wish to purchase must be independent or part of a building capable of independent development
- The building must contain two or more flats, with a minimum of two-thirds of the total number of flats held by qualifying tenants. Leaseholders become qualifying tenants by holding leases that were originally granted of more than 21 years
- Qualifying tenants cannot own more than two flats or hold a commercial lease.
Buildings do not qualify if:
· They comprise 4 or less units and have a resident freeholder who converted the building
· The building is above a railway line
· More than 25% of the internal floor area of the building is used for non-residential purposes, for example, as a shop or office. (Resident's parking spaces are not included in calculating this floor area.)
Though this is not a fully comprehensive list of requirements, it suggests a number of eventualities for collective enfranchisement. If the leaseholders do not fulfil the above requirements, they may still wish to apply to the freeholder, but only outside the terms of the 1993 Act.
Procedure for Enfranchisement
Collective Enfranchisement is not an overtly complicated process, but the stages may include:
· Prior to making a claim, tenants usually enter a ‘Participation Agreement’ before preparing the formal Notice. This is done by solicitors
· Once the notice has been served, the landlord serves a counter-notice within two months
· A period of negotiations then follows. If an agreement cannot be reached, it is referred to the Leasehold Valuation Tribunal
- Whether it is by negotiation or by determination of the courts, the freehold purchase is then completed (usually about two months after agreement or determination of the price).
The Enfranchisement Price is broadly based on the investment value to the Freeholder, together with 50% of the marriage value and compensation for any other loss.
Collective Enfranchisement Costs
The cost of buying the freehold will be made up of the following costs:
- The freeholder’s loss of ‘ground rent’ – the income from the flats
- The freeholder’s loss of ‘reversion’ – the entitlement to the building at the end of the existing leases
- 50% of the marriage value - the increase in the value of the property, arising from the leasehold and freehold interests being combined. (Please note: marriage value is not payable when the applicants un-expired lease term is 80 years or more)
- The freeholder's valuation and solicitor's costs, and stamp duty.
Currell estate agents in London can provide you with further advice on the costs and processes involved in Collective Enfranchisement. Please give us a ring or come into our office at 309 Upper Street, Islington, London N1, and our staff will be happy to assist you.

Lease Extensions London
Lease extension is the continuation of a lease agreement beyond the original term. Most residential flat owners have had the right to extend their leases, for a number of years, so long as you meet all the criteria. As lease extensions are valuable, you may wish to consider applying for one - sooner rather than later.

Property Rating
Currell Chartered Surveyors offer services provided by consultants in respect of the rating of commercial property. We provide an efficient and professional service for property rating valuations, plus advice and services to help resolve disputes related to property rating.




