As residential leasehold specialists, we have particular expertise in lease extensions.
There are numerous benefits to extending your lease, including the potential to:
- Add 90 years to your lease
- Increase the market value of your flat
- Make your flat more appealing to buyers and lenders
- Never pay ground rent again
It is important to commence the process before your lease runs below 80 years, however, otherwise ‘marriage value’ will be incurred and it will be much more expensive to extend.
Our solicitors are highly experienced in dealing with lease extensions on residential flats, so we can advise you on all aspects of the process including costs, timescales, risks and eligibility.