Lease Extensions
Where you are a freeholder or leaseholder, we undertake formal valuations to assess what the price of the premium will be to extend an existing lease. We are also able to assist in the negotiation of this with your legal advisor.
Lease Extensions
Leaseholder
You need a surveyor and solicitor to extend your lease. Your solicitor serves the legal documentation, and we will undertake the valuation and negotiate for you. We will work closely with your solicitor to get the deal over the line.
Book a Lease Extension Valuation
All pricing excludes VAT
Lease Extensions
Freeholder
A Freehold is the complete ownership of a piece of land and all immovable structures built on it.
If you buy a freehold, you’re responsible for maintaining your property and land, so you’ll need to budget for both these costs. Most houses are freehold, but some might be leasehold, usually through shared-ownership schemes.
As a Freeholder, you will have been served a section 42 notice or your leaseholder has confirmed.
If you require support as a Freeholder on a Section 42 notice or your leaseholder wants to extend their lease informally, please contact our office for your quotation?
Get a quoteLease Extensions
Buying or selling a leasehold property
Buying or selling a property with a short lease requires accurate due diligence. You are only entitled to extend a lease after 2 years of ownership.
Preparing a lease extension valuation and serving a Section 42 Notice to transfer with a sale, may protect your investment.
Speak with our experts to discuss your specific requirement.
Get a quote