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Should I extend my lease?

Should I extend my lease?

On 7th January 2021, the Government announced its intention to legislate to allow leaseholders to extend leases to 990 years with zero ground rent. Details can be viewed here. So the big question for leaseholders considering lease extensions is do I do this now or wait for the new legislation? The main motivation to extend […]

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What a lease is and typical lease structures

What a lease is and typical lease structures

What is a Lease? A lease is essentially an agreement whereby one party agrees to lend something to another party in return for some form of payment. It can relate to anything – a car, machinery, a television. This article deals with leases in the context of property, specifically flats. Flats in England and Wales […]

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A guide to understanding your lease

A guide to understanding your lease

All leases have their unique characteristics and, as the First Tier Tribunal often proves, can be interpreted in different ways. The scope of this document is to explain to the reader the core structure of leases. By understanding this, a potential purchaser or owner of a leasehold property can be armed with sufficient knowledge to […]

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Extending your lease under current legislation

Extending your lease under current legislation

Why extend my lease? Remember, as a leaseholder, you don’t own your property. As the lease gets closer to expiry, the value of the lease decreases and it becomes more expensive when you extend the lease especially when you consider “marriage value”. In practice, marriage value kicks in the when the lease term reaches 80 […]

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Property Management Office

Address

Sandford Gate, East Point Business Park
Oxford, OX4 6LB

01865 910 169

Finance & Administration Office

Address

Chiltern House, 45 Station Road
Henley-on-Thames, RG9 1AT

01491 525 940

London Office

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Ealing Cross, First Floor
85 Uxbridge Road
London, W5 5BW

020 4551 9116