29 March 2016
Lease Extensions
Louie Burns of Leasehold Solutions, has written a very comprehensive guide to the traps set by freeholders for the unwary leaseholder who wishes to extend their lease.
This can be found on the Leasehold Knowledge Partnership website.
Never negotiate a deal, always opt for the compulsory 90 year extension at a peppercorn or zero ground rent.
Make a realistic offer to extend the lease. Prepare for a crazy counter offer (designed to frighten you off) and delaying tactics deployed by the freeholder. Hold you nerve!
If you are about to extend your lease, Leasehold Solutions can be contacted on 0808 1311 109, which is a freephone number
