What do we mean by leasehold enfranchisement?
Following the commencement of the Leasehold Reform, Housing and Urban Development Act 1993, certain leaseholders have the right to group together to purchase the freehold of their block of residential flats. Leasehold enfranchisement (also called collective enfranchisement) is the process by which the leaseholders, usually through a nominee purchaser company, exercise this right. The right is not only enforceable against landlords who have mismanaged their properties. In fact, you do not have to prove mismanagement at all.