Average user rating of this answer
(out of 1283 ratings)
Contact us
You can contact us using our
online enquiry form
or you can speak to one
of our advisers by calling
020 7383 9800
Lines are open Monday to Friday from 9:30am to 5pm
Search
Frequently Asked Questions
- I own a leasehold house. How much will the freehold cost?
- I want to extend my lease. Are there any additional costs payable other than the price of the lease extension?
- How can I buy the freehold of my building?
- How long can I extend my lease for?
- Why do I have to extend my lease?
- I own a leasehold house. How do I buy the freehold?
- What will it cost to apply to the Leasehold Valuation Tribunal (LVT)?
- What happens if we cannot agree on how much the lease extension should cost?
Frequently Asked Questions
I can't afford to buy the freehold of my house. Can I extend my lease instead?
Under the Leasehold Reform Act 1967 you may be entitled to an extension of 50 years. There is no premium payable for a lease extension of a house granted under the Act, however, at the start of the new 50 year lease the ground rent may increase to a modern rent. Advice should be sought on what the new ground rent may be prior to proceeding with the extension.
More information you might find useful:
Still not found the answer?
Contact LEASE to have your enquiry dealt with by one of our experienced advisers
Submit a question to be added to our list of Frequently Asked Questions