Introducing Burrows Solicitors: Your Trusted Partner in Lease Extension Solutions
With our presence in Harrow and Sawbridgeworth, Burrows Solicitors is dedicated to managing the complete lease extension process, catering to the needs of both leaseholders and freeholders. We take pride in our ability to handle all aspects, including valuations, notice service, premium negotiations for the lowest possible price, document drafting, and seamless application submission to the Land Registry upon completion. Reach out to us at 0208 904 7725/4150 to get started.
Empowering You with Knowledge: Understanding Rights and Financial Implications
Determining your eligibility to extend your lease and comprehending the associated costs requires a thorough consideration of factors such as the remaining lease term. If you have 80 years or more left on your lease, the payment of the landlord’s premium can be settled through mutual agreement or via the Leasehold Valuation Tribunal (LVT). Conversely, if your remaining lease term is less than 80 years, the cost of extending your lease escalates significantly due to the inclusion of the “marriage value.”
Navigating Complex Processes: Expert Guidance from Seasoned Professionals
Whether you are a leaseholder or a freeholder, engaging the services of a solicitor is essential to navigate the intricacies of lease extensions effectively. The process can vary depending on factors such as premium agreements and remaining lease term. Our experienced solicitors possess the knowledge and skill to ensure that you receive a fair price for your lease extension.
For expert assistance in lease extensions, do not hesitate to get in touch with Burrows Solicitors today. We are committed to providing the highest level of support and guidance throughout the lease extension journey.