Extend company lease easily

Aug 6th, 2022
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How to extend company lease

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good evening its more like it before our starti is gone dear-dear right those of you dont know me my background originally was property management blocks of flats estates of blocks of flats in fact my first property management job was just up the road at Kings Cross working for a little freeholder called freshwater Property Group anyone heard about them yeah I learned an awful lot at fresh waters on how not to do things I spent 30 a shes probably about 35 36 years now in property management I started my first property management company back in 1984 running the business from the spare bedroom of my flat in Fulham didnt tell the landlord I was running a business from his flat I managed to get away with it and I built that business up until it was managing around 10,000 units London m25 Home Counties etc and then I sold it to four of my staff who have been blissfully stressed ever since I dont have anything to do with that business anymore I have a new property management business

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.
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Lease extension can be a difficult process. We recommend you get professional help from a solicitor and surveyor with experience in this area. More information you might find useful: Lease Extension Getting Started.
The distinction between extension and renewal is chiefly that in the case of renewal, a new lease is required while in the case of extension the same lease continues in force during the additional period by the performance of the stipulated act.
As the lease gets shorter and the number of years goes lower, the value of the lease decreases and it becomes more expensive when you extend the lease. This is why it is often a good idea to increase the term of the lease especially if you want to sell the property.
Process for lease extension Check whether youre eligible to extend the lease on your property. Inform the freeholder that you intend to apply for a lease extension via the statutory route. Appoint a solicitor for your case. Get a full valuation for your leasehold property.
A lease extension is a contract between parties (usually just the freeholder and the leaseholder) that adds a continuation period to a long-lease and replaces the current lease with a new one. The contract sets out the dates on which the lease extension begins and ends along with any new terms.
You usually only have the right to extend your lease by 50 years, rather than 90 years with flats. The freeholder could grant more than 50 years if they want, but its up to them. The law is even trickier here than with flats, so seek advice from a solicitor with experience in the area.
You usually only have the right to extend your lease by 50 years, rather than 90 years with flats. The freeholder could grant more than 50 years if they want, but its up to them. The law is even trickier here than with flats, so seek advice from a solicitor with experience in the area.
If you prefer, it may be possible to negotiate a lease extension with your landlord on whatever terms you can agree. If you decide to try to negotiate a lease extension, there are no rules and your landlord could refuse to extend your lease, or set whatever terms they like.
You usually only have the right to extend your lease by 50 years, rather than 90 years with flats. The freeholder could grant more than 50 years if they want, but its up to them. The law is even trickier here than with flats, so seek advice from a solicitor with experience in the area.
A lease extension is a contract between parties (usually just the freeholder and the leaseholder) that adds a continuation period to a long-lease and replaces the current lease with a new one. The contract sets out the dates on which the lease extension begins and ends along with any new terms.

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