EXTEND YOUR LEASE specialise in leasehold enfranchisement valuations and negotiations.
Our Chartered surveyors and established valuers have extensive knowledge, many years experience and expertise in this field. We have a wealth of comparable evidence at our disposal and through external databases. This ensures that we have up to date evidence so that we negotiate from a position of strength.
We will advise on initial valuation to determine the likely premium payable for the lease extension. We will suggest what premium your solicitor serves the Notice figure at to allow for negotiations with the Freeholder, Head Leaseholder or Valuers.
If you have owned your property for at least 2 years you could be legally entitled to extend your lease under the Leasehold Reform & Urban Development Act 1993. As the length of your lease diminishes, so does your asset. You could extend your lease by a further 90 years ensuring security, increasing market value and saleability.