Extend Your Lease
If you own a flat, you most likely own a leasehold property. You may not be aware that the value of leasehold property decreases as the term of the lease runs down. Where less than 80 years remain, the process becomes increasingly expensive.
You have a statutory right to extend your lease, however, you must have owned it for at least two years. When buying a flat, you should always check the term of the lease. If it is less than 100 years, it is advisable to try and persuade the seller to start the lease extension process.
Leaseholders can simply negotiate a longer term with their freeholder. To ensure your application is successful, we can submit it on your behalf, confirming all the necessary details are correct.
We can assist if your freeholder refuses to discuss an extension or agree on a price. We can also assist if you are a freeholder having difficulty reaching an agreement with your leaseholders.
Where agreement cannot be reached, we can support you in taking your case to the First-tier Tribunal (Property Chamber).
We will always agree on a price for our services with you in advance, to give you certainty.
