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Are you the owner of a leasehold property with a term of less than 100 years? Leasehold Valuation’s expert lease extension surveyors in the UK are solely dedicated to residential lease extensions and leasehold enfranchisement. We offer valuable information on determining the appropriate cost and guiding you through the lease extension process. Get our FREE leasehold valuation consultation today to smoothly extend your lease and explore the option of buying your freehold.
We take pride in the fact that our experts are all Chartered Surveyors and so regulated by the Royal Institution of Chartered Surveyors (RICS).
Free Initial Lease Extension AdviceArrange a free consultation with one of our experienced conveyancing executives on
- Lease extension
- Purchasing the freehold or share of freehold
- Selling a leasehold property with a short lease
- Extending the lease at the same time as you sell
How It Works
Contact us to get in depth advice for your lease extension or lease purchase query. Our professional chartered
surveyors will guide you from start to finish.
For advice and quick solutions for lease extension and freehold property.
Fill in the form and tell us how we can help you.
Our experts will review your query and respond to you with a solution.
Follow up Queries
Our surveyors will be more than happy to address any concerns or queries.
Securing the future of your leasehold or Freehold Property in UKExtending a lease or buying a freehold can be a daunting task. At Leasehold Valuations, we help you understand every detail about the process involved. We make sure that our clients get the best service and for that our lease extension specialists take every care to ensure our advice is clear and concise. Leasehold Valuations is passionate about offering professional, independent and cost-effective advisory services related to negotiation and lease extension valuations of residential leases or freehold purchases. Still you have questions like ” Can I purchase the freehold? ” or ” Is it safe to buy freehold property? ” then book FREE CONSULTATION with us.
Regulated by RICSExtending your lease or purchasing the freehold usually results in increasing the value of your property also. We have helped hundreds of leaseholders increase the value of their properties and save thousands or pounds in the process.
Client’s Case Studies
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I had the pleasure of using Jatinder’s services to carry out a lease extension valuation on a recent purchase of a leasehold flat with 52 years unexpired. Jatinder was prompt with his communication and produced a thorough report laying out the details of expected premium to pay. I found using him an enjoyable experience and would recommend to others.Read more
Venkata Sudeep Pounzula
Jatinder has been very efficient,meticulous and professional at all stages of the process.He was comprehensive and explained to me the Pros and Cons of the options available very clearly.This helped me make my decisions in an area where I had zero knowledge. His advice was with my interest at heart. I would highly recommend him for his negotition skills, knowledge of the lease extensions process and commitment to the customerRead more
I was Recommended to Jatinder at Leaseholders Valuations and have found them to be efficient, prompt and helpful - would definitely recommend.Read more
Jatinder helped us immensely throughout the whole process and answered all the questions we had in a lot of detail. He is very knowledgeable, and I couldn’t recommend the service enough.Read more
Jatinder at Leasehold Valuations, was extremely helpful when I spoke to him regarding my freehold purchase. I will definitely be using his services again in the future.Read more
Break The Noise Records
Thank you Leasehold Valuations for the your great help and understanding my freehold purchase queries.Read more
Fantastic service from Jatinder, leases can be difficult and Leasehold valuations helped us through and gave us guidance to make sure we reached the best deal for the extension.Read more
Delightful experience working with Jatinder. He made the whole procedure uncomplicated. He communicated everything back to us quickly and was helpful with any questions we had. Thank you for your help with our lease extension you helped the process go smoothly.Read more
I used Jatinder for an EPC survey and was very impressed with the speed and efficiency of getting the appointment booked and then receiving the report. I wouldn't hesitate to use him again or to recommend him.Read more
I have used Jatinder of Leasehold Valuations for 2 lease extensions and a communal enfranchisement claim. His prices were reasonable, he responded quickly and efficiently and he always explains things clearly. His terms are clearly laid out and he is very knowledgeable indeed. My only regret is that I had not found him earlier!Read more
As a leaseholder of several buy-to-let flats, I've now used Jatinder for several lease extensions and have found him to be excellent value - both in successfully negotiating a reduced Premium and his attention to detail. I would use again.Read more
eCare Infoway LLP
I used LeaseholdValuations.com to extend the lease on my flat which only had 59 years remaining. I had spoken to some other lease extension specialists previously but found LeaseholdValuations.com more friendly and much more helpful. They were very patient and helped me throughout each stage of the process. On top of this they saved me over £15,000 from what the freeholder was asking. I would certainly use them again and will be recommending them to my friends and family. Well doneRead more
A leasehold extension is the process of extending the lease term of a property held on a leasehold basis. It helps maintain the property’s value and desirability. Leasehold extension legislation allows leaseholders to extend their lease, ensuring the property remains attractive for sale or mortgage purposes.
The length of a leasehold extension can vary depending on the jurisdiction and specific circumstances. In some countries, such as the United Kingdom, leasehold extensions are typically granted for an additional 90 years beyond the remaining term of the existing lease. However, it’s important to note that leasehold extension regulations can differ, and it’s advisable to consult local laws or seek professional advice like leasehold valuations for accurate information regarding leasehold extensions in a specific jurisdiction.
Extending the leasehold of a property offers benefits such as increased property value, improved marketability, easier access to mortgage financing, peace of mind and security, avoidance of escalating costs, and more control over property management.
After 99 years, the leasehold property typically reverts back to the freeholder, unless the lease is extended by the leaseholder. The ownership of the property, along with the land it is built on, returns to the freeholder once the lease expires. As a lease approaches its expiration, the property’s value may decrease, making it more challenging to sell or mortgage. It is advisable for leaseholders to consider extending their lease well before it reaches the 99-year mark to maintain the property’s value and their ownership rights.
Fair Price: A leasehold valuation ensures you pay a fair price for lease extension or freehold purchase.
Increased Property Value: Extending the lease or buying the freehold can potentially increase your property’s value.
Cost Savings: Accurate valuation helps minimize future costs like ground rent.
Stronger Negotiation: A valuation report strengthens your position during negotiations with landlords.
Legal Compliance: Valuations ensure you meet legal requirements for lease extensions or freehold purchases.
Future Planning: Valuations help you plan for selling or passing on the property to future generations.
Expert Advice: Engaging a valuer provides access to their expertise and guidance.
Mortgage Support: Valuation reports improve your mortgage opportunities for lease extensions or freehold purchases.
The cost of renewing a leasehold in the UK can vary depending on various factors, such as the property value, the length of the renewal term, and any negotiations between the leaseholder and the freeholder. Unlike extending a lease, which typically involves paying a premium to the freeholder, renewing a lease generally involves paying a nominal fee known as a “peppercorn rent” or a small percentage of the property value.
The exact cost of renewing a leasehold will depend on the specific terms agreed upon between the parties involved. It is advisable to consult with a solicitor or a licensed conveyancer who specializes in leasehold matters to get an accurate estimate of the costs involved based on your particular situation.
The cost of extending a leasehold in the UK can range from a few thousand pounds to tens of thousands of pounds, depending on factors such as the remaining lease length, property value, and negotiated terms with the freeholder. Additional costs include legal fees, valuation fees, and disbursements such as Land Registry fees. It’s recommended to seek professional advice for an accurate estimate based on your specific situation.