Information we need from you
- Basic property details and a copy of the lease.
- Any recent valuations, sales or offers you are aware of.
- Details of any negotiations already underway.
We will confirm exactly what is required at the outset and can liaise with your solicitor or managing agent where helpful.
How we assess value
We apply the relevant leasehold reform legislation and recognised valuation methodology, taking account of:
- Length of the existing lease and ground rent terms.
- Comparable sales evidence and local market data.
- Any particular features of the property or building.
Our role is to provide an informed, realistic view of value, not simply to maximise one party’s position.
What you receive
- A clear written report setting out our valuation and the assumptions used.
- Plain-language commentary on the range of likely outcomes.
- Advice on negotiation strategy and next steps.
Our reports are suitable for discussion with your solicitor and for use in negotiations or statutory claims.
Freehold valuations
We advise both leaseholders and freeholders on the value of residential freehold interests, whether the property comprises a small converted house or a larger purpose-built block.
Our work includes assessing existing lease terms, ground rents and reversionary value, as well as any development or management potential that may influence price.
We can provide independent advice for internal decision-making or formal reports to support negotiations or statutory claims.
Collective enfranchisement
Where a group of qualifying leaseholders wish to purchase the freehold together, we provide valuation advice and support throughout the process.
This can include testing different options, advising on the premium and apportionment between participants, and assisting with offers and counter-offers.
We work closely with your chosen solicitor so that the valuation, legal notices and timetable are aligned.
Leaseholders
We help leaseholders understand how the length and terms of their lease affect value, and what options are available under the legislation and through negotiation.
Our advice is pragmatic and aims to balance the cost of extending the lease or buying the freehold with the long-term benefits and your plans for the property.
Freeholders
We work with freeholders to assess offers received, prepare counter-proposals and understand the implications of statutory timetables.
Our valuations and advice support reasoned, evidence-based negotiations that seek to avoid unnecessary dispute or cost where possible.
RTM and residents’ management companies
Where Right to Manage (RTM) or residents’ management companies are involved, we provide clear valuation input alongside property management advice where required.
We ensure all parties understand the financial implications of proposals so that directors and members can make informed decisions.
| Stage | Route | Typical timescale | Key points to consider |
|---|---|---|---|
| Initial enquiry and instruction | All | 1–3 weeks | Gather lease, title and property information; decide whether to proceed on a statutory or informal basis. |
| Valuation and advice | All | 2–4 weeks from receipt of information | Time needed depends on complexity, number of flats and availability of market evidence. |
| Statutory notice or offer | Statutory | Prepared after valuation | Usually prepared by your solicitor, drawing on our valuation and recommended premium. |
| Counter-notice / response | Statutory | Often 2 months from notice (subject to legislation) | Strict timetables may apply; missing deadlines can significantly affect your position. |
| Negotiations | All | Several weeks to a number of months | Negotiations may involve revised offers, additional evidence and, occasionally, expert meetings. |
| Tribunal or court (if required) | Mainly statutory | Several months or longer | Only a minority of cases proceed this far; specialist legal representation will usually be required. |
| Completion | All | Weeks following agreement | Legal completion is handled by your solicitor; our involvement may continue if further valuation input is needed. |
How our fees are structured
We tailor our fees to the nature and scope of the work. Common approaches include:
- Fixed fees for initial valuation reports and advisory letters.
- Hourly or staged fees for ongoing negotiations.
- Additional fees where expert evidence is required for tribunal.
We will always confirm the proposed basis of our fees before you commit to instructing us.
Factors that influence fees
The fee level will depend on factors such as:
- Number of flats or interests to be valued.
- Complexity of the leases and ownership structure.
- Whether the matter is likely to be agreed informally or follow a statutory timetable.
- Any need for meetings, inspections or tribunal attendance.
We aim to provide good value and clear information about likely overall costs.
Clear, no-obligation quotations
If you share brief details of your property and the work you are considering, we will outline the likely scope of our involvement and provide a quotation before you decide whether to proceed.
Where appropriate, we may suggest a short initial advisory piece of work before you commit to a full valuation and negotiation service.
Service charges and reserves
Lease extensions or a freehold purchase do not remove the need for proper service charge and reserve fund arrangements.
We can advise on the management implications and, where we are managing the building, help ensure budgets and accounting reflect any changes.
Management after enfranchisement or extension
Where leaseholders acquire the freehold or extend leases, the responsibilities of any management company or appointed managing agent may change.
Drawing on our block management expertise, we can help you plan for practical day-to-day management after the transaction completes.
Legal advice
Lease extensions, freehold purchases and collective enfranchisement all have important legal aspects.
We do not provide legal advice and will always recommend that you appoint a suitably experienced solicitor to handle notices, contracts and completion.
We are, however, happy to work closely with your chosen legal advisers.
Next steps
- Send us brief details of your property, current lease length and what you are considering (lease extension, freehold purchase or collective enfranchisement).
- We will confirm any further information needed and outline suggested work and fees.
- If you wish to proceed, we will issue our terms of business and agree a timetable for the valuation and any negotiations.
We can also speak with your solicitor or managing agent at an early stage if that would be helpful.
Contact details
Stock Page Stock Limited
83 Goswell Road
London EC1V 7ER
United Kingdom
Telephone: +44 (0)20 7251 4171
Email: enquiries@stockpagestock.com
Office hours: Mon–Thu 9:00–17:00, Fri 9:00–16:00