Extend your lease with our help
If your lease is running down, extending it can help protect the value of your property and make it easier to sell or remortgage. Our RICS certified surveyors support leaseholders through the lease extension process, providing expert advice and the required valuations at every stage.
We will guide you through the process
What is a Lease Extension?
A lease extension allows a leaseholder to increase the length of their existing lease, typically by an additional 90 years under statutory rights. Extending a lease can significantly improve a property’s value and reduce issues associated with short lease terms.
A lease extension valuation is a key part of this process, confirming the premium payable to the freeholder. This valuation must be prepared by a qualified lease extension surveyor and is used during negotiations or, if necessary, tribunal proceedings.
Why Lease Extensions Are Important?
As a lease term shortens, a property’s value can reduce and mortgage options may become limited. Extending the lease helps protect your investment and avoids increasing costs associated with very short leases.
A professional property valuation for lease extension ensures the premium is calculated fairly and in line with legislation, helping you approach the process with clarity and confidence.
How Does the Lease Extension Process Work?
Extending your lease doesn’t have to be complicated. We start by checking your lease.
One of our surveyors will assess the property’s value, remaining lease length, ground rent, and market evidence. From this, we prepare a clear showing the premium payable to the freeholder.
Your solicitor can then use this valuation to start negotiations. We can also provide advice throughout the process, and if needed, we can produce a valuation that can be used in tribunal proceedings. Our goal is to make the lease extension process clear, straightforward, and stress-free.
Ready to extend your lease?
Contact us to start the process.
RICS-qualified and regulated professionals
Every valuer on our team holds RICS accreditation and carries years of experience in property assessment.
Local expertise nationwide
We have experts positioned across England with a deep knowledge of regional markets.
Fast and reliable service
Most valuations are completed within a few days. We move quickly without cutting corners.
Testimonials
What our clients say
Thinking about extending your lease?
Thinking about extending your lease?
FAQs
It’s generally advisable to consider a lease extension once the lease falls below 85 years, and especially before it reaches 80 years, as costs can increase significantly after this point.
Yes. A lease extension valuation is essential to calculate the premium payable to the freeholder and to support negotiations or statutory notice.
A lease extension valuation must be prepared by a qualified, independent lease extension surveyor experienced in leasehold legislation and valuation.
Yes. A lease extension valuation can be submitted to a tribunal if the premium or terms are disputed.