Lease Extensions London
Mortgage lenders are becoming stricter when it comes to lending on properties with less than 80 years left on the lease, and often you could be faced with difficulties in obtaining mortgage finance with many high street banks. Indeed, if the lease term drops below 70 years it may render the property unmortgageable, and as such unattractive to prospective buyers.
With the average price of London homes falling in recent times, extending your lease will help you to realise the full value of your home when you come to sell. We at Rowlinsons Solicitors offer expertise in this area of law, and can provide you with our knowledge and support every step of the way.
Why Choose Rowlinsons Solicitors
Knowledge – We deal with conveyancing transactions nationwide and our solicitors have extensive experience in handling lease extensions on London properties, which enables us to deliver an expert service to you.
Convenience – We are able to handle all correspondence between you, the landlord and all other interested parties by email, phone and post. You will be assigned a direct point of contact, and will be able to liaise directly with your appointed solicitor, rather than a call centre.
Price – Being based in Cheshire means our overheads are much less than Solicitors in London and we are therefore able to offer more competitive fees to extend your lease.
To contact our specialist Solicitors for lease extensions in London please click here or call 01928 735 333.
For an insight as to the possible cost of the premium for extending your lease we would recommend consulting the Leasehold Advisory Service’s Calculator at https://www.lease-advice.org/calculator/. Please note that any such costs are indicative, and we would strongly recommend that a professional valuer is instructed to advise as to the premium.