Solicitors specialising in Extending Leases
Extending a lease can preserve, or 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.
The Leasehold Reform, Housing & Urban Development Act 1993 provided many tenants the right in extending their lease by an additional 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 some purchasers reluctant to buy a lease with under 90-95 years left and with mortgages harder to obtain on short leases – especially leases with under 80 years left.
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 for extending your lease in the future, and so acting now will save you a significant amount of money in the long run.
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 leaseholders and freeholders in thousands of leasehold extension 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 recent client survey, 95% said that our service was “excellent” or “good”, with 98% saying they would be happy “recommending the firm to others”. That high degree of client satisfaction has helped 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 to buy the freehold of their block of flats – known as collective enfranchisement
Setting up a right to manage company – you can force your landlord to give you the right to manage your own block
Contact our Solicitors now
Wherever you live, for clear and practical legal advice about extending a lease, contact us today.
- call us free on FREEPHONE 0800 1404544 or
- email us using the contact form below
Comments or questions are welcome.