For several years, Persimmon has operated its Right to Buy scheme where the owners of leasehold houses can buy the freehold of their property from Persimmon.
We've taken the decision to extend this scheme. Where Persimmon still owns the freehold of your leasehold house and the leasehold house was sold by Persimmon on or after 1 January 2000, we'll offer you the chance to buy the freehold for no more than £2,000 (see note A below). If you do decide to buy your freehold from Persimmon, your ground rent account must be fully paid up to date. This can be dealt with before or at the date of purchase. If Persimmon no longer owns the freehold of your leasehold house, we will take reasonable steps to assist you in the acquisition of the freehold. Whilst you'll have to settle your own legal fees, we believe this industry-leading initiative will help many more leasehold house owners to buy their freehold.
We'll also make sure those who have already bought their freehold from Persimmon benefit from these changes. So, if you were the owner of a leasehold house and have already (and subsequent to the purchase of the leasehold house) bought your freehold from Persimmon and still own it, you may be eligible for a refund of part of the amounts previously paid. We'll reimburse you the difference between the amount you paid (excluding the fees you paid to Persimmon) and £2,000. If you qualify for a refund, you will be contacted by Ascent Performance Group Ltd who are managing this process for us. If you have made an initial enquiry and have a query regarding your refund, please don't hesitate to contact Ascent on 0800 915 6722.
We'll also endeavour to ensure that where we reasonably can, the transfer document of a freehold (of a leasehold house) by us will not contain any permission fees relating to alterations and will not contain any of the "rentcharge enforcement rights" contained in Section 121 Law of Property Act 1925. If we have already sold you a freehold of (what was) your leasehold house, we will endeavour (if you so require) to remove any permission fees for alterations and/or enforcement rights for rentcharges. If these require the consent or agreement of a third party we will rise reasonable endeavours to obtain that.
Please complete the form below which asks for some basic details so that we can assess your eligibility and start the process.
We strongly recommend you take independent legal and financial advice.
If you need help completing this form, please give us a call on 0800 915 6722.
Note A – you may, if you choose, want to obtain and pay for a professional valuation of the freehold. If we're satisfied that this has been properly calculated by a suitably qualified surveyor in accordance with the statutory valuation rules referred to in the Leasehold Reform Act 1967, and this shows a value of under £2,000, we'll sell at such lower sum as is stated in the valuation.