convert leasehold property to freehold

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 How to convert leasehold property to freehold:

Things to know about Converting Leasehold to Freehold Property. The buyer can convert leasehold into a freehold property if the buyer has clearences and documentation such as a sale deed, No Objection Certificate (NOC) in case the property is under my any mortgage, and the General Power of Attorney (GPA). 


How do I change my leasehold property to freehold?

Leaseholders who own a house can buy the freehold of their house either under the law if they meet certain criteria (formal route), or by asking the freeholder to see whether they are willing to sell the freehold informally (informal route).


How long does it take to change leasehold to freehold?

The length of the process varies depending on whether you follow the formal or informal route whilst negotiating with your freeholder. If you follow the formal route, the process can take some time and a period in excess of 12 months is not unusual. 


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