Extending your lease can have various financial benefits, whether it’s increasing the value of the property or reducing any ground rent payable. We can help, working closely with surveyors, submitting the request for an extension, guidance through any negotiations with your landlord, drafting of the new lease and dealing with registration at the Land Registry.
If there are problems along the way, we can guide you through the necessary steps to reach a solution; maybe you find it difficult to reach an agreement about the new lease, or perhaps you can’t locate your landlord in the first place. In any case, we’re here to help.
You may want to extend your lease, or acquire the freehold. This is a complex thing to do, so our team can help you understand each step. We can assist with acquiring the freehold of your block via collective enfranchisement, or of your leasehold home.
Acquiring the freehold gives you more control and takes away the worry of paying ground rent and future costs associated with your lease.
You may also be interested in