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What is the value in paying for an expert in lease extensions?

No-one likes paying legal fees and of course it can be tempting to go for the cheapest option. In leasehold transactions this can be a false economy as it is one area where you need the right, and we think expert, legal partner on your side.

Why?

Firstly, because the extended lease will be a factor in your property’s future value and its mortgage-ability. It will also shape future obligations for ground rent and other potential payments. Secondly, because you need a solicitor who knows how to deal with the freeholder.

Brady Solicitors only deal with leasehold issues and we handle lease extensions every day…

  • Ensuring the notice is validly served on all relevant parties, especially if there is a complex head-lease, intermediate lease or management company
  • Producing notices that avoid delays and minimise costs
  • Adhering to strict timeframes where missing a deadline can have catastrophic repercussions in ensuring your rights are enforceable
  • Dealing with different freeholders of all sizes and understanding their specific requirements
  • Checking leases for the amendments allowed for under the Act to ensure your position is always protected
  • Working with expert surveyors to ensure you pay the minimum lease extension premium

We work with you to ensure a swift and streamlined lease extension.  We will explain options clearly and keep you up to date at every step and protect your interests ensuring a well negotiated lease extension.

Talk to the lease extension specialists at Brady Solicitors to find out more.

Get in touch with our experts

With hundreds of years’ worth of combined experience, our experts have dealt with nearly every leasehold property matter you can imagine. If you’re currently in need of legal support or advice, please get in touch.

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