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How Does Share of Freehold Affect Renovation in London?

Share-of-freehold flats still require Licence to Alter for renovation works — but consent is granted by the residents' management company rather than an external freeholder. Process is usually cheaper (£800–£2,500) but slower (8–14 weeks for board meetings) and more political. Neighbour relationships matter; design covenants in articles of association can be stricter than ground rents in standard leases.

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What share-of-freehold means in practice

Share-of-freehold (SoF) means the freehold of the building is owned collectively by the leaseholders — usually through a freehold management company. Each flat owns one share and one vote. You still hold a leasehold interest in your individual flat; the share-of-freehold gives you collective control over the building. Most modern SoF leases extend to 999 years at a peppercorn ground rent — much cleaner than long leasehold with absentee freeholder.

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Renovation consent process

Typical sequence: 1) write to the management company directors describing works; 2) provide architect drawings and structural calcs; 3) board meeting (allow 4–8 weeks for scheduling); 4) board decision — usually majority or unanimous depending on Articles; 5) Licence to Alter drafted (often using a template); 6) signed by all directors. Fees vary widely — some SoF companies waive fees for shareholders; others charge £500–£2,000 plus surveyor disbursements. Solicitor cost £600–£1,500.

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Design covenants and neighbour politics

Many SoF blocks (especially Victorian and Edwardian conversions) have strong design covenants in Articles: original sash windows must be retained, no front-elevation alterations, no satellite dishes, communal hallway colour scheme. Renovations affecting party walls or floor buildups need extra care — sound transmission complaints are the #1 source of SoF disputes. Allow extra time for neighbour engagement and consider hosting a presentation to the board.

More questions

Related questions answered.

Is share of freehold better for renovations than long leasehold?

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Usually yes — fees lower, no absentee freeholder, decisions made by neighbours who understand the building. But slower for big changes (board meetings required) and politically sensitive — neighbour relationships matter more than at arms-length leasehold.

Can a single director block my renovation?

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Depends on the Articles of Association. Most require majority director consent; some require unanimous. Unreasonable refusal is still actionable but harder to challenge in a SoF setting where directors are also your immediate neighbours.

Do I pay Licence to Alter fees in share of freehold?

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Varies. Some SoF companies waive fees for shareholders; others charge admin and surveyor disbursements (£500–£2,000 typical). Read the Articles and any board policy before submitting.

Does Builderr work in share-of-freehold blocks?

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Yes — strong track record in Victorian and Edwardian SoF conversions across Kensington, Notting Hill, Bayswater and Belsize Park. Includes board presentation pack preparation and neighbour engagement coordination.

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