It is increasingly common for home owners to want to increase the term of their lease under which they hold their property to make it more attractive to a potential buyer and in some cases this would be essential if a prospective client requires a mortgage. Not all lenders have the same requirements but it is wise to consider extending the lease term if 75 years or less is all that remains.
If you are considering extending your lease term our team of expert lawyers can advise you on the options available to you. Often lease extensions are by negotiation with your Landlord/Lessor who may require a payment before agreeing an extension and our team will ensure that you are fully informed before your begin discussions.
Our lawyers in Residential Conveyancing and in our Litigation Department have years of experience in dealing with lease extensions
Why choose us?
You know you will be in safe hands and the matter will be dealt with by solicitors who have the necessary expertise and are up to date with the latest changes in the law.