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

Positive steps towards changes in bereavement damages

17/07/2019

In a new report, the UK Parliament’s Human Rights Committee welcomes the government’s proposed…

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

Put me ‘on hold’ please…

16/07/2019

Gotelee Solicitors has devised a unique way to support young, local musicians and improve…

Read More

Testimonials

"I would like to say thank you for your help, support and guidance over the last two and a half years. Obviously should I need further assistance in the future I shall not hesitate to call you guys."

-

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

- SH

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

-

"Prompt, helpful, polite and very professional service"

-

"We found Rachel Dawson outstanding, polite, professional and caring."

-

"Domini was very fast and efficient in carrying out her work for me - she was also very good at explaining things to me"

-

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

-

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

- JH

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

- MT

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.