Sale of Freehold Interest – any problems?Make Text Bigger
Can I sell/transfer the Freehold interest from my SPV company to a management company I also own ?
My existing mixed use property is made up of a commercial unit and 3 flats – currently all on a single title.
My aim is to get each of the units on their own lease, remaining in my SPV.
As I understand it, the same entity can not be both the Freeholder and Leaseholder, thus me “selling/transferring” the freehold interest to another entity (management company) at the same time as creating the new leases.
Can this be done ?
Any guidance would be appreciated
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