Enfranchisement ruling offers relief to landed estates
A Supreme Court ruling that properties originally built as houses but converted to other uses cannot be acquired under enfranchisement rules has been met with a collective sigh of relief from the UK's landed estates.
Philip Freedman, a partner in Mischon de Reya's real estate department, said: "This decision will help to keep the large landed estates whole. Landlords will not be forced to sell off freeholds at a price determined by the Act." However, he warned that the judgment is not clear cut, as partial business use does not rule out enfranchisement.
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