Voluntary Lease Extensions
For many leaseholders, the issue of extending their lease will not raise its head until they consider selling or remortgaging their property. Extending the lease adds value to your interest in your property. Purchasers prefer longer leases, while mortgage providers are reluctant to lend if the lease has less than 80-90 years remaining. The longer leaseholders wait to extend their lease, the more costly it may be when it comes time to renew. We can help you navigate the process of extending your lease via the voluntary route.
