You need advice from a valuation surveyor who is expert in leasehold extension and leasehold enfranchisement. The main firms who do this are based in London and Birmingham but I am one of few people outside those cities who also do it, although its by no means my main work.
The legislation covering it is from 1993 and the place to go for a general explanation of it is www.lease-advice.org, a government funded website which is very helpful.
The calculation for buying the freehold can be very easy or very complicated depending upon the ground rent payable and how long to go before the leases expire.
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