Lease Extensions

Lease Extensions

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.

Chartered Legal Executive and Associate
Head of Marketing and Business Development
Chartered Legal Executive, Associate
Blog Posts

Can you claim compensation after a back injury at work?

09/09/2019

The personal injury team at Gotelee were contacted by a client because they had…

Read More
Upcoming Events

Managing the workforce in 2019

03/04/2019

If you employ staff or have responsibility for HR, Gotelee Solicitor’s annual employment law…

Read More
News Posts

Where there’s a will, there’s a way

05/09/2019

We may not like talking about death but it’s the ultimate eventuality and preparing…

Read More

Testimonials

"We were very pleased to have Jade as our solicitor, the service was excellent and we felt kept in the loop which minimised stress"

- CT

"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

"Approachable, very efficient, always willing to take my calls and update me."

- SH

"Prompt, helpful, polite and very professional service"

-

"I don't think this house sale would have pulled together without Jo's determination and expertise. Excellent!"

- MT

"“ This is the second time we have used Tracey for the conveyancing to buy our new home. She is always completely approachable, she has helped us along the way with advice and useful tips that has helped lessen the stress. We have complete confidence in her and would not hesitate to recommend her to our friends and family”.  - Peter Dawes, Cater Dawes Financial Planning "

-

"Jade made the process of buying our first home quick, easy and took the stress out of a new chapter of our lives"

-

"The ease that we could access and speak to Pat Smith - Thank you"

-

"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

"Jade Shelton was absolutely fantastic!! Professional and proactive at all times."

- JH

Please select preferred method of contact

* We will only contact you by telephone if you select this as primary form of contact. All web enquiries will be stored on our website for 30 days.