Are you the Lessee of a flat or maisonette and have you checked your lease term recently?
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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.
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20/12/2021
Free legal ‘Question Time’ seminar to be held live online by Thursfields
Top Midlands law firm Thursfields Solicitors has invited businesses and the general public to take part in its Talk Legal ‘Question Time’ event online in the New Year. The free, live webinar will take place on Zoom from 10am to 11am on Wednesday 2 February 2022. Thursfields has invited those interested to submit their legal…
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Use the form below to get in touch with us about any questions you might have.Team
Julian Field
Director, Residential Conveyancing
Louise Jones
Associate Director, Residential Conveyancing
Darren Cox
Associate Solicitor, Residential Conveyancing
Amy Gold-Mellish
Solicitor, Residential Conveyancing
Mary-Jane Bayliss
Associate Solicitor, Residential Conveyancing
Andrew Piggin
Solicitor, Residential Conveyancing
Sian Birkett
Solicitor, Residential Conveyancing
Lee Rodway
Team Lead – New Enquiries and Post Completions
Heather Povey
Post Completions Assistant, Residential Conveyancing
Morgan Brown
New Enquiries Assistant, Residential Conveyancing
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Our latest news and events
25/01/2022
What landlords should look out for in commercial lease negotiations
Thursfields Solicitors has issued a new raft of advice on what landlords should look out for in commercial lease negotiations. Stewart Coles, associate director in the Commercial Property team at Thursfields, explained that such leases were complex and that landlords should take care when signing up new tenants. In particular, he was keen to explain…
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25/01/2022
Search is on for three local charities to benefit from chosen status at Thursfields
Three local charities are to receive focused fundraising, awareness, and volunteer support from Thursfields Solicitors for the 2022-23 year. The new charity of the year application window has now opened, and entries will be accepted for consideration until 25 March 2022. The charities will each be from areas served by Thursfields’ offices – one for…
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