Online Services
Easy Lease Extension Services
Please see the range of services we offer below. Typically our valuations and reports can be completed and emailed to you within 5-10 working days. This is the best way to begin the process and will provide you with an accurate range on what you will have to pay for the extension, or if you are freeholder, what you should expect to receive.
Please feel free to call or email us for a quote.
Leaseholders should note that as well as their own professional costs they are also responsible for the freeholders costs, providing that they are reasonable.
Leaseholders should note that as well as their own professional costs they are also responsible for the freeholders costs, providing that they are reasonable.
Desktop Appraisal
Our desktop appraisals provide you with a compact, yet detailed report showing you how we arrived at your premium range. In addition to the premium range, the appraisal will also provide you with a quoting premium. Your solicitor will require a quoting premium, whether serving a Section 42 Notice on behalf of a leaseholder or responding to it, on behalf of a freeholder.
Negotiations
Once the Section 45 Counter-Notice has been issued the leaseholder’s and freeholder’s valuers will enter into negotiations to agree the final premium payable. This normally takes between 2 and 6 months. Efforts should be made by either side to reach an amicable conclusion without application to the First Tier Property Tribunal.