Many leases were originally granted for terms of 99 or 125 years. The less time left to run on a lease, the less it is worth. You may find it more difficult to sell or raise finance against the lease if the length of time remaining becomes too short.
Subject to certain qualification rules, flat owners have a right to extend the length of their lease by 90 years. The price you pay to the landlord for the lease extension is calculated in accordance with a formula which is set out in set out in the Leasehold Reform, Housing & Urban Development Act 1993. If your lease has less than 80 years left to run, the price you pay becomes more expensive.
Please contact a member of our team if you would like more information or complete an Enquiry Form.
"Approachable, very efficient, always willing to take my calls and update me."
"We were very pleased to have Jade as our solicitor, the service was excellent and we felt kept in the loop which minimised stress"
"I have used Tracey Laflin at Gotelee on a number of occasions and in my opinion, she is simply the most efficient conveyancing solicitor I have ever worked with. From the outset, she took the time to understand my specific business requirements and to date, she has exceeded all of my expectations."
- Dale Fiddy - Portobello Developments Ltd
"I don't think this house sale would have pulled together without Jo's determination and expertise. Excellent!"
"Jade Shelton was absolutely fantastic!! Professional and proactive at all times."
"This is by far the go-to firm for any issues. You are made to feel valued from the outset and they are so confident in what they do. Wouldn't recommend any other. Thank you Hugh and Max."
- Ros Jones
"Domini was very fast and efficient in carrying out her work for me - she was also very good at explaining things to me"
"Prompt, helpful, polite and very professional service"
"The ease that we could access and speak to Pat Smith - Thank you"
"We found Rachel Dawson outstanding, polite, professional and caring."