Meet the Team
The Austin Gray professional service team are specialists in leasehold property, led by Senior Partner Stewart Gray FRICS.
Almost all flats in England and Wales are classed as leasehold properties, however, a large number of UK freeholders and leaseholders do not have an extensive knowledge of how the system works.
Freeholders and leaseholders need the help of a specialist service provider like Austin Gray, when buying or selling leasehold property with short leases as there are many traps they could fall into when negating lease extensions or buying their freeholds. All flat owners should check their leases and see how long is left on their leases and consider an extension if the lease is anywhere below 85 years.
Lack of knowledge can leave both groups vulnerable to escalated costs and difficulties if they plan to sell a property. The team will guide you through the process of extending your lease, or buying your freehold.
We can advise on the statutory route or the informal route and advice is essential for either option. We can point out the pitfalls and the dangers and obtaining professional valuation advice on price/premiums new ground rent levels and other terms is vital.
As one of the leading providers in the South East, including Brighton and London - two of the world’s most competitive markets - we offer a client-centric service that centres on professionalism, market knowledge and trust. We are the chosen property service specialist for several large UK housing associations, and are responsible for extensive lease valuations and extensions across Sussex, Surrey, Kent, Hampshire and London and beyond.
Occasionally we are presented with challenges that require a discerning team like ours to find a solution as the legislation within the 1993 Leasehold Reform, Housing and Urban Development Act can be very complex when it comes to the Valuation aspect of the law.
If you require the expertise of Austin Gray, please contact us to speak to one of our specialists.
37, Vernon Terrace,
Brighton, East Sussex,
Tel: 01273 20 19 80
Fax: 01273 72 76 89