Hi All,
Looking for some help on the freehold enfranchisement process specifically related to the management set up.
Shortly a building with 4 flats (converted) will be taking the freehold enfranchisement route. All 4 landlords are happy to be involved. Nice and easy so far.
As part of this we will need to set up a Ltd company to own the freehold and manage the building. This is where I have some questions.
1. The company will have 4 directors - does this in anyway link these people together outside of the company.
2. I understand after year 1