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What the eventual cost can include

The freehold premium

The price paid for the freehold interest, assessed under the law in force when the claim is made.

Professional work

Specialist valuation and legal work for the participating leaseholders, plus any recoverable landlord costs under the current rules.

Taxes and administration

Possible Stamp Duty Land Tax, Land Registry charges, company costs and other transaction expenses.

The Leasehold and Freehold Reform Act 2024 contains important future changes, but the principal new valuation and process-cost provisions are not yet fully in force. The quotation will therefore be assessed against the law applying at the time.