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Extending your lease



If you are a leasehold flat owner and have owned your property for over 2 years you are entitled to extend your lease by 90 years and to extinguish your ground rent.

If there are less than 85 years remaining on your lease it is advisable to extend at the earliest opportunity before the cost of extending rises to an unmanageable level.  

If you are concerned about your lease we can offer you clear and professional specialist advice contact our leasehold advice department for a free preliminary consultation:

Stewart Gray (FRICS):
Rupert Greenlees:
stewartgray@austingray.co.uk
01273 20 19 88
01273 20 19 85

Frequently asked questions

At what term does a lease become ‘short’?

Why do I need to extend my lease?

How much will the lease extension cost?

What is the procedure for extending?

What are the costs in professional fees?

Can I pass the costs of my lease extension onto my buyer ?

Can I buy a ‘share of freehold’ instead of a lease extension ?

How is a lease extension valued ?

How long will it take to extend?

Are there any alternatives to extending the lease?