We can act as your Lease Extension Valuer in Bromley, South London. Leasehold Enfranchisement is the overarching term used to denote the rights of flat or house owners to either extend their lease or acquire the freehold of their homes.
Leases are typically granted for 99 or 125 years, but as they diminish, particularly below 80 years, the value of the flat (or house) begins to decline until it is no longer eligible for a mortgage, making it challenging to sell.
The law outlines the procedure that allows you to extend your lease by adding 90 years to the existing unexpired period.
How we can help you
Whether you're a leaseholder looking to extend your lease or acquire your freehold, or a freeholder handling a leaseholder's application, we're here to lead you through the process and offer guidance on the most cost-effective route to achieve the best value.
We can help you understand the process, assess the payable premium, engage in negotiations with the freeholder or leaseholders, and liaise with your solicitor.
How we do it
Lease enfranchisement services
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Freeholder/Leaseholder Negotiations
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First-tier Tribunal Representation
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Inspections
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Legal Advisor Liaison
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Valuations
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