About: Lease Extension
We act for both flat owners and estate landlords with regard to lease extension claims. As a flat owner thinking of extending your lease, it is important to promptly seek advice to see if you qualify for the right to claim a new lease and to check its remaining term. If you allow the term to drop below 80 years before exercising this right, the premium you pay for a new lease can increase dramatically.
With shorter leases it will become more expensive to extend over time all other things holding equal.
Landlords and tenants alike can be caught out by developments in the statutory framework and related case law such as:
- the deferment rate
- the availability of the right to intermediate landlords
With the benefit of many years of experience, our lease extension team provide a practical, commercial approach to each situation.