Are you considering extending your lease or are you considering buying the freehold of your property?
We can assist with the following:
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Extending your lease and calculating the cost of the extension
Leaseholders can extend their leases by following the procedure in the Leasehold Reform, Housing and Urban Development Act 1993. One stipulation is that they must have owned the property for two years. When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. As to calculating the premium or cost of the lease extension this depends on a number of different factors. In order to obtain an accurate valuation you are likely to need advice from a professional valuer and we work closely with such experts.
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Buying your share of freehold
Ask our property solicitors for help
Extending your lease
Leaseholders can extend their leases by following the procedure in the Leasehold Reform, Housing and Urban Development Act 1993. One stipulation is that they must have owned the property for two years. When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. You may need advice from a professional valuer and we work closely with such experts.
Leasehold Enfranchisement - Buying the freehold
Depending upon your circumstances, you may wish to purchase the freehold of your property and this is something we can advise on.
If you would like some expert advice on Leasehold Enfranchisement, and how it may affect your property, please feel free to email Christopher Shepherd or Jonathan lynn, our partners that cover this area.
Who are we?
Courtyard Solicitors is a Limited Liability Partnership with offices in London & Devon. We have four partners; Christopher Shepherd, Sean White, Jonathan Green, and Jonathan Lynn. Our partners specialise in all property matters, Power of Attorney, Conveyancing, Wills, Probate, Litigation, Business and Family Law. Each of our experienced solicitors has been practicing in their area of Law for many years and are experts in their respective fields.
We provide a fixed fee for our services where possible, that we believe offers our clients excellent value for money, which is borne out by the positive client testimonials below.
Accreditation
Courtyard Solicitors are accredited by the Law Society. Membership of the Law Society establishes a level of credibility for firms, as their role is to promote excellence in the profession and safeguard the rule of law.
Testimonials