Are you the Lessee of a flat or maisonette and have you checked your lease term recently?
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info@thursfields.co.uk
info@thursfields.co.uk
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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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11/03/2020
Thursfields warning of tight deadline to pay Capital Gains Tax | Residential Property
Property owners selling homes at a profit have less than a month to complete before a new Capital Gains Tax (CGT) regime comes in that means the tax must be paid within 30 days. Thursfields Solicitors is reminding sellers that new rules introduced by the Finance Act 2019 mean that CGT must be paid much…
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Team
Julian Field
Director, Residential Conveyancing
Louise Jones
Senior Associate and Head of New Homes, Residential Conveyancing & New Homes
Richard Watkins
Director, Residential Conveyancing
Alison Wacey
Senior Associate Solicitor, 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
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Our latest news and events
31/03/2020
Award-winning Herefordshire craft cider maker switches to direct online selling | Agriculture and Estates
backed by advice from Thursfields… With the nation’s pubs shut down by the coronavirus outbreak, one family-owned Herefordshire cider-maker is moving to direct online sales to protect jobs and the future of the business. Based on the farm in Bishops Frome their family has run for more than a century, Sue Vaughan and her brother…
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30/03/2020
Further guidance on commercial property measures – Coronavirus (COVID-19)
Thursfields Solicitors has issued further guidance to commercial tenants following Royal Assent for the Coronavirus Act 2020. Tony Gibb, Director and Head of the Commercial Property team said: “The Government has acted swiftly to try and protect commercial tenants, with the intention of securing continuity for high street and other businesses when the current restrictions…
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