Category: Lease Extension
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Extending your Lease
Owning the leasehold of a property means that you own it for a specified number of years. As the years remaining on the lease reduce, the value of the Leasehold property goes down, and therefore, a lease can often be described as a depreciating asset. This is because you wouldn’t pay the same for a…
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Express Conveyancing’s Property Guide
There are lots of different ways in which you can own property, so we thought it might be useful if we set out some of the most common property ownership terms, which might help you understand the process. Residential Property A residential property is usually either freehold or leasehold. If it’s a flat, it’s…
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Lease Extension – Tips and Key Facts
The most common form of flat ownership in England is leasehold. If you hold a lease on a flat you are essentially renting it for a certain amount of time and while you have the right to live there, you do not own the actual building. It’s an easy form of ownership, and works well…
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A Step-by-Step Guide to Successful Lease Extensions
When considering lease extensions keep in mind that this process can be long and complicated if not dealt by a professional property solicitor. This is why it is important to approach a property solicitor who will guide you step by step at every stage of your lease extension. It is always recommended that when you…
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7 Ways to Negotiate Your Lease Extension
Finally, you have found a place where you get along with the neighbours, nothing leaks and you have a closet that finally looks amazing. But the downside to all this is at the end of the year the landlord wants to increase the rent which is most likely to spiral out of your budget, ultimately…
