201512.07

I have heard that I have to pay the freeholder’s costs. Is this true?

Yes.

The residents’ nominee company pay the reasonable costs of the freeholder (and any intermediate landlord) in:

• assessing the right of the tenants to enfranchise
• dealing with the tenants notice and statutory procedure and
• handling the valuation and conveyancing work. These costs comprise solicitors and surveyors fees. Costs must still be paid even if the tenants withdraw from the process.