Leaseholders buying out the freehold

All leaseholders of a house with three flats agree that they would like to buy out the freeholder and know that they need to get a proper marlet valuation and use a solicitor etc.

But before they start that process they would like some idea of what the market value might be.

Is there a back of an envelope calculation that would provide an approximate figure?

One of the flats is about twice as big as each of the others. Is there an established way of sharing the cost between the three leasholders in such circumstances?

Comments
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Discount annual payments?

Chris Smail |
Chris Smail's picture

Take a deep breath before you jump !

halblackburn |

Don't complicate things

Dave Elliott |