The value of your flat can be seriously diminished if you allow your lease to drift under the “marriage” term of 80 years. At this point your landlord can charge an additional fee for extending your lease which can quickly rise. Furthermore, should your landlord force you to follow the statutory lease extensions procedure, one mistake in the process can prove exceedingly costly.
Our lawyers are experienced in both voluntary and statutory lease extensions and fully appreciate the potential perils involved in the process. You can therefore rest assured that you are in safe hands when you instruct us.
Contact our Property team on 020 7228 0017.