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Group action - understanding the benefits

The ‘majority of flat owners’ is needed to purchase the freehold via a Section 5. Forming an organised group with your neighbours, many of whom you may not have met before, and agreeing to purchase of the freehold is one of the biggest challenges you will face. Then there is the tenacity required to continue and act as a unified group to negotiate the way through this complex legal process.

For more advice please click here to contact us.

The benefits of forming a group with your neighbours

Our videos have been designed to help you gain an overview and better understanding of the Right of First Refusal but it is important to remember that they are for information only.
It is vital that you seek valuation and legal advice for your specific circumstances.

It is worth noting that it is rare for all flat owners to take part in a freehold acquisition and that additional funding is required to cover the cost of those who choose not to participate. In our experience, this is usually the main hurdle to overcome, and there are many ways of tackling it. We are happy to talk you through the options.  Click here to find out how S5 Solutions could help. 

View our video guides to understanding Section 5 Notices