Buying the freehold of your building

Use this guide to see how you can jointly buy the freehold of the building you live in with other leaseholders.

Further information

To progress with buying the freehold of your property, please contact us at:

Valuation and Strategic Assets (VASA)

Lambeth Town Hall

PO Box 80771

London 

SW2 9QQ

Email: VASA@lambeth.gov.uk

We recommend that anyone interested in buying the freehold of their building gets independent advice. Read Residential long leaseholders - a guide to your rights and responsibilities on GOV.UK.

Other schemes that may allow you to buy the freehold

We run a scheme that allows leaseholders to buy the freehold of their building. You should apply if you qualify.

The main conditions are that: 

  • all flats in the building must be sold on long leases
  • all leaseholders must agree to the freehold being sold

All service charges (annual and re-chargeable work) must be paid in full before the sale of the freehold is completed.