We can provide valuations for lease extensions, purchase of freeholds, Probate, Capital Gains Tax and many others. Established in 2004 we are an experienced company of Chartered Surveyors and Valuers based in Brighton. We cover many aspects of residential valuation, such as providing advice and valuations for lease extensions and collective enfranchisements, under the leasehold reform legislation, probate valuations and valuations for Capital Gains Tax.
One of our main areas is providing advice and valuations for lease extensions and collective enfranchisements, under the leasehold reform legislation. Acting for both leaseholders and freeholders, since the enactment of the 1993 Leasehold Reform Housing and Urban Development Act (as amended by the Housing Act 1996 and the Commonhold and Leasehold Reform Act 2002) the company has completed in excess of 8,000 cases and has a wealth of knowledge in the area.
Working along side your solicitor we will guide you through the whole process, from providing the valuation to negotiating the final price.
One of our main areas is providing advice and valuations for lease extensions and collective enfranchisements, under the leasehold reform legislation. Acting for both leaseholders and freeholders, since the enactment of the 1993 Leasehold Reform Housing and Urban Development Act (as amended by the Housing Act 1996 and the Commonhold and Leasehold Reform Act 2002) the company has completed in excess of 8,000 cases and has a wealth of knowledge in the area.
Working along side your solicitor we will guide you through the whole process, from providing the valuation to negotiating the final price.
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About Us
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Established in 2004 we are a Company of Chartered Surveyors and Valuers, specialising in residential valuations, in particular, providing advice and valuations for lease extensions and collective enfranchisements, under the leasehold reform legislation.
Originally set up by Andrew Pridell a fellow of the Royal Institution of Chartered Surveyors he was one of the very first to carry out valuations under the 1993 Leasehold Reform Housing and Urban Development Act (as amended by the Housing Act 1996 and the Commonhold and Leasehold Reform Act 2002).
Originally set up by Andrew Pridell a fellow of the Royal Institution of Chartered Surveyors he was one of the very first to carry out valuations under the 1993 Leasehold Reform Housing and Urban Development Act (as amended by the Housing Act 1996 and the Commonhold and Leasehold Reform Act 2002).
Capital Gains Tax Valuations
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We have many 5 star reviews from the service which we provice, give us the opportunity to see why so many clients rate us so highly.
A capital gain is defined as the profit from the sale of a property.
It is determined as the difference between the amount you pay for a property and what you get for it when you sell.
Capital gains Tax is often applied on a property you make profit from when you sell or dispose of, and both companies and individuals can be liable to pay the tax.
To work out the amount of Capital Gains Tax payable it is important to work out the market value of a property.
A capital gain is defined as the profit from the sale of a property.
It is determined as the difference between the amount you pay for a property and what you get for it when you sell.
Capital gains Tax is often applied on a property you make profit from when you sell or dispose of, and both companies and individuals can be liable to pay the tax.
To work out the amount of Capital Gains Tax payable it is important to work out the market value of a property.
Collective Enfranchisement
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The 1993 Leasehold Reform Housing and Urban Development Act (as amended by the 1996 Housing Act and the Commonhold and Leasehold Reform Act 2002) gives to lessees the right to buy the freehold interest, so long as the building qualifies and at least 50% of the lessees are participating.
The building must contain two or more flats, no more than 25% commercial floor area and be independently redevelopable.
The 1993 Leasehold Reform Housing and Urban Development Act (as amended by the 1996 Housing Act and the Commonhold and Leasehold Reform Act 2002) gives to lessees the right to buy the freehold interest, so long as the building qualifies and at least 50% of the lessees are participating.
The building must contain two or more flats, no more than 25% commercial floor area and be independently redevelopable.
Lease Extensions
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The 1993 Leasehold Reform Housing and Urban Development Act (as amended by the 1996 Housing Act and the Commonhold and Leasehold Reform Act 2002) gives a lessee the right to extend the lease, so long as the lessee has owned the flat for two years.
The Act specifies that the extension to the lease is for 90 years added to the existing unexpired term and ground rent is expunged.
The 1993 Leasehold Reform Housing and Urban Development Act (as amended by the 1996 Housing Act and the Commonhold and Leasehold Reform Act 2002) gives a lessee the right to extend the lease, so long as the lessee has owned the flat for two years.
The Act specifies that the extension to the lease is for 90 years added to the existing unexpired term and ground rent is expunged.
Probate Valuations
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Someone's property can often be the most valuable part of a Will and Andrew Pridell Associates can provide professional and impartial advice to help during this difficult and lengthy process.
We have many 5 star reviews from the service which we provice, give us the opportunity to see why so many clients rate us so highly.
Probate is a legal process that must be followed when someone dies.
When property is left to you, you will need to obtain a valuation to complete the Her Majesty's Revenue and Customs (HMRC) Inheritance Tax form.
We have many 5 star reviews from the service which we provice, give us the opportunity to see why so many clients rate us so highly.
Probate is a legal process that must be followed when someone dies.
When property is left to you, you will need to obtain a valuation to complete the Her Majesty's Revenue and Customs (HMRC) Inheritance Tax form.
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