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
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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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19/05/2020
Top residential property transaction standards achieved by Thursfields | Residential Property
The Law Society has approved Thursfields Solicitors’ ongoing membership in its top standards scheme for residential property transactions. Thursfields has been re-accredited by the Conveyancing Quality Scheme (CQS), a nationally recognised benchmark for the best residential conveyancing practices. Membership of the CQS, according to the Law Society, establishes a level of credibility for firms with…
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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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What does Coronavirus mean for my divorce?
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