Should I extend my lease?

26 September in News & Case Studies

Under the Leasehold Reform, Housing and Urban Development Act 1993, leasehold tenants that have owned their property for at least two years have the legal right to extend the length of their lease by 90 years. In some cases, a longer lease can add significant value to a property, as well as providing the obvious benefit of a leasehold tenant being able to control the property for longer. However, the lease extension process can be complex, stressful and expensive. If you decide to extend your lease, it’s recommended that you seek professional guidance and representation. At South East Leasehold, our qualified solicitors and Chartered Surveyors have many years’ experience in leasehold negotiations and can help you obtain your extension for a fair price. Extending a lease A property lease is only valid for a certain length of time, and once it expires, control of the property reverts to the freeholder. To prevent this, there are two options available to the leaseholder; either they can...

Lease 2017 Annual Conference 1 February 2017

02 February in News & Case Studies

Simon brook attended the Lease annual conference at County Hall on Wednesday the 1 February 2017. Amongst the speakers were sir Peter Bottomley, The Minister for Housing and and Lord Neuberger of the Supreme Court.   The conference covered leasehold reform going forward and valuation aspects of the 1993 and 1967 Acts as well as relativity for lease extension and collective enfranchisement....

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