Lease Extensions and Enfranchisement

Current legislation gives the right to qualifying leaseholders to renew their lease or purchase the freehold interest in their building.

At the length of a lease in a flat or house declines, the value of the lease is likely also to decline.

Castles Surveyors advise leaseholders and freeholders on the premium that is likely to be payable in the case of lease renewal or enfranchisement, work with solicitors in serving of appropriate notices, and carry out negotiations on behalf of clients in order to reach a satisfactory and successful settlement.

Advise is provided in a professional, no-nonsense way at a reasonable cost in order to enable clients to maintain or improve the value of their property.

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