We can offer valuation guidance and collaborate with your solicitor for lease extension in Sutton, South London. Leasehold Enfranchisement is the inclusive term for the rights of flat or house owners to either prolong their lease or purchase the freehold of their homes. Leases are typically granted for 99 or 125 years, but as they diminish, particularly under 80 years, the value of the flat (or house) will decline, making it challenging to secure a mortgage and eventually making it difficult to sell. The legal framework outlines the procedure allowing you to extend your lease by appending 90 years to the existing unexpired period.

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How we can help you
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Whether you're a leaseholder seeking to prolong your lease or acquire your freehold, or a freeholder confronted with a leaseholder's application, we're here to guide you through the process and offer advice on the optimal approach to cost savings and obtaining maximum value.

We can assist you in comprehending the process, computing the payable premium, negotiating with the freeholder or leaseholders, and coordinating with your solicitor.

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How we do it
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Extending your lease or purchasing your freehold entails assessing various sets of values to determine the premium payable to the freeholder.

Our team of valuation experts, registered with the Leasehold Advisory Service and members of the Association of Leasehold Enfranchisement Practitioners (ALEP), is dedicated to advising both Freeholders and Leaseholders, ensuring that all our clients maximize the benefits from their leases.

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  • Freeholder/Leaseholder Negotiations

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  • Valuations

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Leasehold Enfranchisement

Leasehold Enfranchisement is the collective term given to the rights of flat or house owners to either extend their lease or buy the freehold of their homes. Leases are generally granted for 99 or 125 years but as they get shorter, particularly under 80 years, the value of the flat (or house) will start to fall until it can no longer be mortgaged and then difficult to sell. The law sets out the procedure to enable you to extend your lease by adding 90 years to the existing period unexpired.
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