Lease Extensions

When extending a lease we can give you expert assistance with the valuation and negotiations taking much of the stress out of the situation.

At Alison Stone Surveyors, we provide excellent services undertaking Lease Extensions in Essex, London and the surrounding areas. With expert knowledge accumulated over more than 19 years, our specialist in valuations and negotiations for lease extensions is best placed to give advice and assistance in this complicated and ever-changing area of valuation.

Know your Lease Extension Rights

When your lease expires your flat reverts entirely to the Freeholder, with tenant rights to remain paying rent. This removes the ground rent and extends the lease by an additional 90 years. When proceeding informally without notices new legislation means it is illegal for freeholders to put in new ground rents. Offers made in notices that are not realistic can render the notice invalid. Which when purchasing may mean having to wait two years to qualify to re-serve a notice, increasing the premium payable in most cases.

A professional valuation is critical to ensure that tenants do not waste their time and money.