Services

Extend your
Lease

Are you the Lessee of a flat or maisonette and have you checked your lease term recently?

The length of the unexpired term of the lease is important for mortgage purposes and the premium payable to extend the lease so this could have an impact on the property if you try to sell. Most lenders check the unexpired term of the lease before deciding whether or not to lend money on a property. If you allow your lease term to go below 80 years the cost of extending the lease will be more than if the term is over 80 years. The current law entitles flat or maisonette lessees to extend their lease provided certain pre-conditions are met. We would advise leaseholders of flats or maisonettes to obtain a lease extension as soon as possible. This is due to the premium payable for the lease extension increasing as the unexpired term of the lease decreases. Do you qualify to extend your lease? Contact us to discuss your options.

 

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27/07/2020

Law Commission’s blueprint for future of home ownership welcomed

Recommendations for a new and clear direction for the future of home ownership have been welcomed by Thursfields Solicitors. Nick O’Hara, managing director at Thursfields was commenting after the Law Commission unveiled a plan that included a commonhold regime described as “fit for purpose”, plus a reform of leasehold enfranchisement and the right to manage….

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Team

Julian Field

Director, Residential Conveyancing

Louise Jones

Associate Director and Head of New Homes, Residential Conveyancing & New Homes

Richard Watkins

Director, Residential Conveyancing

Amy Gold-Mellish

Solicitor, Residential Conveyancing

Sidrah Walimia

Solicitor, Residential Conveyancing

Rosemary Case

Chartered Legal Executive, Residential Conveyancing

Samantha McHugo

Para-Legal, Residential Conveyancing

Andrew Piggin

Solicitor, Residential Conveyancing

Sian Birkett

Solicitor, Residential Conveyancing

Aimee Postings

Conveyancing Executive, Residential Conveyancing

Contact

Give us a call and we’ll get you to the right office and person to help you with your requirements.

T. 0345 20 73 72 8 T. 0345 20 73 72 8

Our latest news and events

03/08/2020

Thursfields helps Time Etc to grow HQ in Birmingham

Thursfields Solicitors has helped a Birmingham company expand into larger offices due to the success of the firm during the pandemic. Established since 2007, Time Etc Ltd provides on-demand executive assistants who provide administrative support to entrepreneur clients from their own homes on a part-time basis. The business was started by founder Barnaby Lashbrooke and…

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29/07/2020

On your bike? Cycling on the increase

One of the more positive effects of lockdown has been an increase in the number of people cycling in the UK. This brings with it enormous public health and environmental benefits. Government data revealed that cycling levels increased during lockdown by up to 200% compared to pre-Covid -19 levels. To encourage the trend to continue,…

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