| Extending a lease
Extending a lease can significantly increase the value of your flat. However extending your lease is a highly specialist area of law and it's important to have solicitors who know what they're doing. You can rest assured that our specialist team have that experience and can help you in extending your lease.
Extending a lease – what's in it for me?
- The 1993 Leasehold Reform Act provided many tenants the right to extend their lease for up to a further 90 years.
- Your lease is slowly losing value. The shorter the remaining term becomes, the less it's worth – as a result extending your lease becomes more expensive.
- Shorter leases can be harder to sell – with many purchasers reluctant to buy a lease with under 90/95 years left and with mortgages harder to obtain on short leases.
- Extending a lease is something you should certainly consider if your lease has between 70 and 90 years left. In particular once the remaining lease term dips under 80 years, the price of extending that lease can increase significantly.
Our advice is to think twice before putting off extending your lease. Avoiding that expense now merely increases the price you will need to pay in extending your lease.
Why use us in extending a lease?
- Our solicitors understand all about extending leases – with considerable experience in this specialist area in acting for numerous tenants and landlords in thousands of leasehold extension and enfranchisement cases over the last 25 years
- We provide FREE initial phone advice on extending a lease
- Our specialist team handle your case from beginning to end – working closely with specialist surveyors from the initial valuation and application. We also work with you all the way, if necessary, to the Leasehold Valuation Tribunal
- We can help you in extending a lease either by taking your e-mail or phone instructions without having to see you face to face – or, alternatively, we can meet you in our offices in Wiltshire, Hampshire and Dorset
- Our clients like us – in a recentclient survey, 95% said that our service was “excellent” or “good”, and 98% said they would be happy “recommending the firm to others”. That high degree of client satisfaction has help us grow 1000% in just 12 years – just by getting our service right.
How our Solicitors can help in extending your lease
In advising you on extending your lease, our specialist team can also explain your options with regard to related issues such as:
- The right for leaseholders to join together in buying the freehold to their block of flats – known as leasehold enfranchisement
- Setting up a right to manage company – you may be able to force your landlord to give you the right to manage your own block of flats
Contact our Solicitors now
Wherever you live, for clear and practical legal advice about extending a lease, contact us today.
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FREE extending
a lease advice
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Initial legal advice from our solicitors on extending a lease is FREE.
 01722 422300
or email us
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Specialist Group
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Our leasehold extension and leasehold enfranchisement solicitors are members of the Association of Leasehold Enfranchisement Practitioners
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