Leaseholders

Latest News

The House of Lords has now pulled down the final curtain on the question of how much should it cost you to buy a lease extension.

By a unanimous verdict it was decided that your landlord cannot increase the price by charging you what is called "hope value". However, other parts of the decision mean that your extension could still cost you more than before. The silver lining is that, at the moment, this may be offset by the decline in the property market. So if you are thinking about extending your lease and, with money in the bank earning very low interest, now would be the time to make your move - that is if you have money to cash in whilst prices are depressed. 

TIP
Now is the time to think about a lease extension if your lease is running down to 80 years or is below that length.

 Welcome to GTC Law. GTC Law provides the highest quality professional service for buying or selling your home.

 

Choosing the right Solicitor to act for you is one of the most important decisions you can make when buying or selling your home.

GTC Law provides
the highest quality professional
service at a reasonable price

Contact our friendly and efficient
team on

0800 783 9773

for a free quotation
or email us on

enquiries@gtclaw.co.uk

We also offer a wide range of other legal services that compliment the home buying process.

Please do not hesitate to contact us for further information.


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Removals

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