Lease Extensions

There are over 4 million leasehold properties in the UK, with the vast majority of flats sold on a leasehold basis.

The 1993 Leasehold Reform Act gives most leaseholders the right to apply for an extension to their lease at a fair market rate, as long as you have owned the property for a minimum of two years.

This places the leaseholder in a stronger position as it makes the property more valuable, and if you’re looking to sell, it makes the property more appealing to potential buyers. However, the process can be complex, particularly if you have less than 60 years left on the lease, and it is recommended that you seek specialist legal advice in this case.

Braddon and Snow’s conveyancing team have had lots of experience in lease extension cases, and can provide specific advice on your individual case, taking into account the length of your lease, the value of your property and the ground rent, alongside other variables.

 

What our clients say

  • "No improvement to service needed. Alison was the epitome of professional calm in going over options and maintaining patience, and indeed advised against a path that certainly would have achieved higher fees for her, but the correct call in retrospect. So I feel her advice was professional and unbiased. She was attentive in keeping me appraised of news, and maintained a polite and stress free approach which kept me calm and optimistic a final result in my favour would occur. Would recommend her, and the firm, to others." Anon
  • “Dealt with Alison primarily for Power of Attorney, very helpful and polite.” Anon
  • “I cannot think of any way that we could have had better service!!!” Anon
  • "Our solicitor has been extremely conscientious at all times, always available to advise and above all has always been very supportive and empathetic to my case. He really did make a stressful situation a lot easier for myself and my family" Mrs T
  • "We used this wonderful firm for a recent home sale and purchase, their service was outstanding. Everything was carried out with the utmost care and attention and all the staff including a senior Partner were so friendly and helpful. Absolutely top notch." Anon
  • "Over the past 8 years Teresa Braddon and her team have created my Will and have done numerous conveyancing transactions for myself and my family.  I have found Teresa and her Team most helpful and efficient. Everything was carried out with care and attention. All the staff including Teresa, a senior Partner, were friendly and helpful. I would recommend Braddon and Snow and their services." Tony Stavrou
  • "I would highly recommend Braddon & Snow to anybody, very professional and efficient service. They treat you like a person rather than just a number. I am mentally disabled and sometimes I do not get respect or understanding shown to me. Braddon & Snow couldn’t of been more kind and they always took the time to explain all the legal terminology to me so I understood. I would especially like to thank Emily Morten and Jane Blackett as they really went above and beyond what they had to. Value for money and excellent staff. Use this company."  Mr M Brooke
  • "Thank you all so very much for all your help and kindest attention over the years.   In every conceivable way you go out of your way, above and beyond any expectations. You are incredible, and all your team are unbelievably pleasant. I hope these few lines go a little way to thank you so very much."  Mr M Ledger
  • "May I say that Laya has been fantastic.  She has been an absolute delight to speak with, always giving clear and positive instructions and pacifying when necessary.  Please be assured we will definitely recommend your company and hopefully be in a position to use your services again and again." L Page
  • "We found dealing with Braddon & Snow very pleasant and relaxed.  We had a few problems dealing with the seller's leaseholder solicitors which needed a lot of patience and Teresa and Laya were very helpful at all times and very easy to communicate with." R & J Keith
  • It’s been an absolute delight and superb to work your Conveyance Team of Jane Blackett and Emily, providing first class services. Dedicated and smart resolutions to most difficult queries. Our sincerest and dearest appreciation for their magnificent services and friendly communication throughout
  • I appreciate the efficiency of your team (Louise, Sara, Elle, Melanie, Alex, Lauren etc) during this crisis. You were always easy to get and had a great phone forwarding system with access to the details on transactions. Everybody was very helpful, responsive and friendly. You can be proud of the company you work for. 
  • I cannot speak highly enough of the service given to me in the sale and purchase of my properties last week by Jane Blackett and Ken Sheppard at the Broxbourne office. They dealt with my matters promptly and with care and commitment. Nothing was too much trouble and they were always there to speak to me when needed. Everything was done with professionalism and courtesy. They ensured that everything was covered and I felt very confident in their dealings with all matters concerned. I recommend them without hesitation to give their clients a smooth and excellent service.