What is one advantage of collective enfranchisement for leaseholders?

Collective enfranchisement offers leaseholders the significant advantage of enabling them to jointly purchase the freehold of their building. By coming together as a collective group, leaseholders can acquire ownership of the land and the property, which gives them greater control over their living situation and reduces their ongoing financial obligations, such as ground rent. This arrangement can lead to increased stability and potential enhancement of property values, as leaseholders can make collective decisions regarding property management, maintenance, and alterations without being dependent on the freeholder's terms.

While other options may seem relevant, they do not accurately reflect the core benefits of collective enfranchisement. Higher rent negotiations, fixed lease lengths, and automatic dealing with the Land Registry are not inherent advantages of this process, making the purchase of the freehold together the most beneficial aspect for leaseholders involved in collective enfranchisement.