Lease Extensions
Update on Renters’ Reform
The private property rental market in England and Wales is set for an overhaul under the new Labour government’s proposed Renters’ Rights Bill. The Bill, designed to give tenants in the private…
Leaseholders to Benefit from Leasehold Reform
A landmark new law was passed at the end of May that promises to bring significant changes to owners of leasehold properties. The Leasehold and Freehold Reform Act 2024 received royal assent on 24…
Further Leasehold Reform in the UK
It has been confirmed that a new ‘complex’ bill outlining further leasehold reform will be unveiled in the next session of parliament. In 2021, the government announced that it would introduce…
How long do lease extensions take?
Extending the term of a lease is known as a lease extension. A person might want to extend their lease for a variety of reasons. If a person wants to sell their house or flat but the property has a…
How much does it cost to extend a lease?
Extending your lease will increase the value of your property and, at the same time, make it easier to sell. A lease extension adds years onto your lease and extends the time you have before…