Since 1993 Leaseholders of flats have been given statutory rights to extend their individual leases by 90 years or collectively by the Freehold.
This is a specialist area of valuation which we have a large amount of experience of dealing with from the intial valuation process to negotiations, preparation of proofs of evidence and attendence at court as expert witnesses.
This can be complex and time consuming but is a vital area of property which lessees in particular should not ignore if they are to mantain and enhance the value of their property asset. We have assisted hundreds of leaseholders over the past 22 years to achieve this.
We have also advised freeholders on their rights and liabilities from individuals with single holdings up to large estates throughout London and the Home Counties, the South and West of England.