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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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

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

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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