The extension of your lease can increase the value of your leasehold property considerably. Increasing the value of your lease can also lead to a scalability of your property and the ability to reduce the chances of low offers when the time comes to sell.

Understanding the cost of lease extensions can show you how much you stand to lose or profit, how you should go about the process and if you have the right to extend your lease.

A lease extension valuation will help you understand if you’ll be paying for the freehold or to extend your lease and the best and worst case scenario for your future finances. Throughout our reporting we can determine the market value of your property, go through a series of best and worst case scenarios for your finances and perform a three-part breakdown of your calculation on a lease extension.

Many of the leased properties in Surrey and the surrounding area can come with leases that span over 100 years.  If your lease has less than 80 years remaining the extension process could be very costly. Thinking about extending your lease before you approach the third year of your lease can be better for your finances.

Freeholders can still stand to profit by extending leases with less than 80 years remaining. Determining which makes the most financial sense is wise for all parties involved and this is where our experts can come in handy.

With the lease extension valuation report you can obtain the best and worst case scenario figure as well as extend your lease at the time that it will benefit you the most. Freeholders can also find out how much their interest is worth and ensure that they can be adequately compensated for granting lease extensions.

We are a team of property experts and we specialise in complete leasehold enfranchisement evaluation. We operate effectively and efficiently to deliver detailed valuations that are met with all the required information.

If you’re interested in extending your lease in Surrey, contact us for the crucial reports that can save you time and money in the process of a lease extension.