Lease Extensions

Extending the term of your lease will invariably add value to your property, but often property owners find they need to extend their leases during the course of an ongoing sale.

Sales can be delayed and sometimes buyers lost because of the time it can take to complete a lease extension. It is therefore important that you instruct a suitably qualified and experienced lawyer who can assist you with the process and ensure it is dealt with swiftly.

You will need to approach your landlord and negotiate the cost of granting a new term. Your lease is likely to specify that you cover all costs in relation to the transaction, which includes your own solicitor’s costs, the landlord’s solicitor’s costs, a valuation fee and any premium payable.

By instructing Sintons you can be confident that we will handle your matter diligently, providing you with all the information you need to understand the process from start to finish.

Should you wish to extend the term of your lease, or require any further information please feel free to contact us.