Council is currently offering leaseholders of Council sections the opportunity to freehold these properties at a discounted rate.
There is a discount of 10% to the current market value for those wishing to take advantage of the freeholding option.
A large number of Council leasehold sections are to have the rentals reset in 2013 when they expire. These rentals are expected to increase significantly when reviewed therefore freeholding the property may be a good option for some particularly those who want to add value to their property.
Please see document below for the procedure to freehold your property.