Section 5 Notices

Section 5 Notices must be served by any freeholder looking to sell their freehold to an unrelated third party.

This is often known as the 'right of first refusal'. Leaseholders of the relevant building(s) must be notified of this intention and be given a chance to group together and make a rival bid either at auction or directly. If the freeholder fails to do this before selling the freehold, they could forfeit it to the group of leaseholders.

It is important to act very quickly if you receive a Section 5 Notice, as there are very tight timescales to consider.

Locate an ALEP Practitioner

You can search for barristers, managing agents, project managers, solicitors or valuers who are all specialists in leasehold enfranchisement and will be able to provide you with qualified advice.

Locate an ALEP practitioner

Full member search

ALEP News

Have news to share?
Get in touch!
  • Tuesday 7 November 2017

    Justin Madders makes his 10 min case for #Leasehold Reform Bill, with next reading on 02/02/18 Interesting times ahead and much to debate.

  • Monday 6 November 2017

    ALEP's Seasonal Drinks: Tuesday 5 December. Have you reserved your place? https://t.co/MSMdIM25qu We look forward t… https://t.co/OfsrtoCfjT

  • Monday 6 November 2017

    Thank you to @FlatLivingLoves for a great conference write-up! #leasehold #Education#Property #bestofthebest https://t.co/F17f0pfW4J

See more news