Did you know that leases with less than 75 years to run may not be acceptable to a mortgage company or a buyer when you come to sell?
Our team have particular experience in lease extension and can guide you through the process competently and confidently to ensure you understand the issues and pitfalls.
Extending a lease is a complex area of law with set time scales and processes to follow, and failure to follow the set procedures could be a costly mistake. You may need to arrange a lease extension before, or in conjunction with, selling your property if you want to raise more money against your property, or simply to ensure the value of your asset does not diminish over time.
It's worth noting that the premium which you are likely to pay for your lease extension is likely to be significantly cheaper if you extend your lease when there are more than 80 years left on the lease.
We provide a national service to private clients via our offices in London, Watford, Bristol and Birmingham. For clients based in North Bristol, we also have a dedicated office at 106 Henleaze Road.