Lease Extensions Experts

Trust our freehold and leasehold experts to guide you through your lease extension options and make the best choice for you and your property. With years of experience helping leaseholders take control of their buildings and leases, we can help you every step of the way.

About Lease Extensions

In the United Kingdom, property is sold and classified as either freehold or leasehold. A lease is a document setting out which property a ‘lease’-holder owns, for how long, any ground rent or service charge payable, and the terms under which the property is held. It essentially governs your relationship with your freeholder, and is vital to your property ownership.

The lease extension process allows you to extend the length of your lease, usually for an additional 90 years. The terms of this new lease will be set out in a separate document known as a ‘deed of extension’, and will be overseen and executed by your freeholder.

block of freehold flats

Why Extend Your Lease?

There are a number of reasons you might want to extend your lease:

  • If your lease has less than 80 years remaining, extending it is urgent. Mortgage lenders may refuse to lend, the cost of extension increases year on year and selling the property becomes much harder and results in a lower sale price.
  • Even with 80–150 years left, a short lease can reduce your property’s value. Extending now protects your investment and keeps your options open, whether you’re staying long-term or planning to sell.
  • Long lease already? You still benefit. The earlier you act, the lower the premium. It’s a smart opportunity to:
    – Secure a long lease so you never have to worry again
    – Remove any ground rent you owe
    – Boost resale value
    – Pass your home on without future lease extension costs
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How We Support the Lease Extension Process

Ready to extend your lease? Our expert team guides you through every step of the lease extension process, whether you choose the statutory (formal) or informal route.

  • Statutory Lease Extensions: We manage the formal statutory route from start to finish – from lease valuation and legal analysis to serving the Section 42 notice under the Leasehold Reform, Housing and Urban Development Act 1993. This route guarantees your right to a 90-year extension and removes Ground Rent, ensuring fairer premium negotiations and legal protection throughout.
  • Informal Lease Extensions: Prefer a flexible approach? We can liaise directly with your freeholder to negotiate a voluntary lease extension. While not protected by law, this method can sometimes be faster or more cost-effective depending on your circumstances.

Not sure which route is best?

We’ll assess your situation, explain the pros and cons, and recommend the most cost-effective path forward. Whether you’re a homeowner or investor, we’re here to make lease extensions simpler and stress-free.

Our Lease Extensions Expertise

At The Freehold Collective, we understand the complexities and challenges of extending the lease on your leasehold property. Our team of experienced professionals have been through the process countless times, giving us as experts the means to guide you through each step of the way.

Whether you are looking to opt for a statutory or informal lease extension, or even purchase your freehold to make the whole process easier, we can help you navigate your journey quickly and easily.

With our years of experience and proven expertise, we are the go-to team for lease extensions and freehold purchases. 

If you’re looking for a lease extension within a small block of flat or a converted house, then please get in touch with our partners Homehold.

Lease Extension or Freehold Purchase?

TFC can walk you through the pros and cons of both options, and help you decide which is the best for your personal circumstances. While there is no right answer for everybody, making an informed decision about the best ways to extend your lease and/or purchase the freehold of your property will ultimately lead to a smoother overall process.

With our years of experience in helping homeowners from all backgrounds make well-informed decisions about their property, TFC is one of the leading experts in lease extensions and freehold purchases.

We can help you weigh up the benefits of both options, from exploring how much it costs to extend your lease to assessing potential savings from purchasing the freehold outright.

Lease Extensions Advice Services FAQs

How much does it cost to extend your lease?

There is no one ‘usual’ lease extension cost, as there are a number of different factors that will impact how much it costs to extend your lease. There are three core cost elements to consider when extending your lease: the premium payable, your own professional fees such as a lease extension solicitor or surveyor, and the freeholder’s reasonable costs.

The premium depends on factors such as the current lease length, the property’s value, and the annual ground rent. Our lease extension calculator helps estimate costs, but for accurate figures and negotiations, it’s best to seek professional advice with legal expertise.

If the freeholder disagrees with your lease extension request, they must issue a counter notice within a set timeframe. This can lead to a formal legal process, often requiring expert legal support to resolve the premium and terms.

Yes. Once your lease extension is completed, it’s important to register the new lease terms with the Land Registry to update the official records and secure your legal interests. We can support you in managing this process.

Free Consultation

We’d love to hear from you. Send us a brief message on any leasehold or freehold matter, and we’ll be in touch to book your free initial consultation.

Our free, no obligation, consultation will include:

  • A brief review of the Land Registry information relating to a flat or building
  • A discussion around the specific problems faced by a leaseholders
  • Feedback based on our review Land Registry records and other information relating to your specific flat or building
  • Advice on your options, pros and cons of the the best way to solve your problems and realise additional long term benefits of your property