Vanguard Solicitors

Extending your lease can be a long and complicated process, that if you are not careful, can end up costing you more than is necessary. We are experts at providing experienced impartial advice throughout every step of your lease extension. We can provide an initial assessment and report to enable you or your legal adviser to serve notice. We can also help you negotiate an amicable settlement or, if necessary, represent you at a Tribunal if a settlement cannot be reached.

If you are considering buying the Freehold for your property as an alternative to extending your lease, alone or with others (collective enfranchisement), we can also help so why not contact us for some initial advice and a fee quotation.

Why do I need a Lease Extension?

A short lease can really undermine your ability to sell your flat for a decent price – and now is the best time for your lease extension.

  • Since the last recession, many mortgage companies have amended their lending policies and increased the minimum lease term they are prepared to lend against. This means it has got much harder to get a mortgage on leases with even as many as 70 years left.
  • An extended lease makes your property much easier to market and sell
  • Your lease is a diminishing asset – the term drops daily regardless of a good or bad economic climate. Not only is the value of your property dropping as the remaining lease term gets short, if you don't extend your lease then when the lease ends, the you will either have to move out, or take the low-security option of trying to negotiate a rent from your freeholder
  • The cost of your lease extension is partly set by the value of your flat when you come to extend your lease. That means while your property value continues to rise, your lease extension is becoming more and more pricey
  • A lease with 80 years or less remaining is increasingly expensive to extend as the freeholder is able to charge an additional premium – which is known as the "Marriage Value". This additional charge applies when you come to exercise your lease extension rights

Why Choose Vanguard Solicitors?

Competitive Pricing
We offer a competitive price service, we may undercut others with our prices but that does not mean our service will be compromised in any way. We promise to maintain a high standard of work.

Dedicated Lawyer With Direct Access
You will have direct access to our qualified lawyers, who have in- depth knowledge in the relevant are of law. Upon instructing you will be allocated an experienced lawyer who will contact you within 24 hours to discuss your case.

Relevant Law Explained
Laws in the UK change frequently. Our team of lawyers are trained regularly and are kept up to date on all the latest developments. We will advise you on the law.

Highest Success Rate
We are proud to claim that through our wealth of knowledge and experience we are able achieve the results that are needed. Our expert Lawyers put their full efforts in your case as we strongly believe in getting for you what you want.

Do you need advice or help with your legal issues?

Our solicitors will hold your hands throughout the process, liaising with all relevant government bodies, including UK Visas and Immigration, British Consulate, overseas agents and where necessary the courts.

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