We value both freehold and leasehold residential properties in prime Central London for many purposes. The leasehold system of property tenure offers many advantages and flexibility, especially for those buying second homes who do not wish to lock up too much capital in an additional property. Second properties can attract Capital Gains Tax on disposal.
Many leases will often qualify for a 90 year extension or enfranchisement and Ames can advise on these aspects as well as upon the periodic ground rent reviews.
Ames also offers advice upon the viability of property development both for potential owner-occupiers and of course for developers handling the necessary consents from freeholders and planning authorities.
Probate /inheritance tax valuations and those for home buyers and Trusts are also regularly undertaken.