Are you the Lessee of a flat or maisonette and have you checked your lease term recently?
Ensure your Employees are Protected
A one stop solution for your employees' personal legal requirements.
Ensure your Employees are Protected
View your Life Journey
See what you need to be doing to keep your life in order and on track.
View your journey here
Services
Extend your
Lease
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.
Find out your conveyancing legal feeds instantly
View our Pricing Information here
Other services you may be interested in:
11/02/2021
Government’s low-cost loans for cladding removal need careful scrutiny
Expert property lawyer, Darren Cox of Thursfields Solicitors has highlighted a potential problem with the government’s new plans to finance the removal of unsafe cladding on blocks of flats. Darren was commenting after Housing Secretary Robert Jenrick announced that flammable materials will be removed from buildings over 18m high “at no cost to residents”, but…
Read full news storyTeam
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
Associate 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.
Our latest news and events
01/03/2021
Top employment lawyer at Thursfields joins the board at Solihull BID
One of the senior leaders at Thursfields Solicitors has been invited and appointed to the board of Solihull Business and Improvement District (BID). Helena Morrissey, the director of Employment & HR Law department at Thursfields, said she was looking forward to bringing her experience to the BID’s board to help it meet the needs of…
Read full news story
25/02/2021
How to pay for a funeral?
How much does a funeral cost? The Money Advice Service states that the average cost for a burial is £4,321, whilst the average cost for a cremation is £3,250. The cost of a funeral can often be a big surprise to grieving relatives who have never had to arrange or pay for a funeral before….
Read full news story