@LeedsProperties I’m buying a freehold of 8 units, Section 5’s served. What happens next?
From a buying point of view, you now need to wait for the period specified in the notice to expire. If the “qualifying tenants” have not taken up the offer of pre-emption you can then proceed. The tenants can within the notice period decide to waive their right of pre-emption. LCF have a dedicated Landlord & Tenant Team specialising in Enfranchisement matters. Contact, award winning Harriet Thornton for further advice ku.oc1620713477.fcl@1620713477notnr1620713477ohth1620713477