Archive for Lease extensions

How much do Lease Extensions Cost?

Posted on 11/09/13, filed under Lease Extension Advice, Lease extensions, Statutory Lease Extensions

Are you aware of the unexpired term left on your lease? Losing track of the length of your lease could land you with a bill for thousands of pounds. The sooner you can extend the better, saving you money and stress further down the line. The cost of extending the lease will depend on a […]

The History of the Leasehold Reform Acts

Posted on 21/08/13, filed under Lease extensions

Over the last 40 years leasehold reform acts have experienced several revisions. Since their inception back in 1884 to the most recent review in 2002, leaseholder’s rights have enabled more people to extend leases and buy the freehold for their property. Our timeline outlines the changes to the leasehold reform act. The Beginning: 1884-5 Initial […]

Negotiating Lease Extensions in Private Agreement Negotiations

Posted on 07/08/13, filed under Lease Extension Advice, Lease extensions

Lease extensions can be obtained in two ways: via the provisions of the 1993 Leasehold Reform, Housing & Urban Development Act, or through agreeing terms informally with the freeholder. This will depend upon the willingness of a particular freeholder to be reasonable and whether the freeholder is keen to negotiate non statutory terms, such as […]