Lease Extension Surveyors for Flat Owners
Desktop or Inspections based advice and negotiations
RICS Chartered Surveyors and Registered Valuers
Desktop Appraisals -(from £375 + VAT)
A desktop appraisal will suffice for the majority of flats in England and Wales. We carry out the survey remotely
Inspection Based Reports
An inspection is required for short lease, high value or unusual properties. We undertake an onsite visit and produce the detailed report.
Negotiation work to save you money
Our clients benefit from our ability to negotiate with many different types of freeholders to achieve the best outcome.
Specialist firm of Chartered Surveyors – London and Home Countries
SAVE MONEY ON THE COST OF YOUR LEASE EXTENSION
We are fully independent. We de-mystify the process and guide our clients through each stage of Lease Extension. Between us we offer clients well over 100 years of knowledge and experience of the London and Home Countries leasehold residential property market.
WE PROVIDE CLEAR ADVICE AT A REASONABLE COST
What our Clients say
” We found you and your colleagues at Capital Leasehold Surveyors to be very professional throughout and we are hoping you will be able to help us again with other properties in the future“
Leon – SW11
Lease Extension
” I’m really impressed with the speed you have got the report to us so many thanks for such swift preparation. I am really pleased S recommended you and will definitely recommend you on in future”
AL of SW17
Leaseholder who was selling in a matter of days.
Why Choose Us
RICS Chartered Surveyors and Registered Valuers
With over 100 years combined lease extensions and collective enfranchisement experience. You can be confident that you are instructing a team of RICS Chartered Surveyors and Registered Valuers that not only knows what they are doing but will work for you to protect your most significant asset
Countless lease extensions Completed
We have successfully carried out and completed countless lease extensions and collective enfranchisement on all types of residential properties. From high value flats in prime central London through to Studio flats in Cambridge.
Experts in London Area and Home Counties
Our local knowledge ensures that you have the peace of mind that you have a team working for you who not only experts but also understand local market factors that need to be taken into account when extending or collectively enfranchising.
Experts in Dealing with all Types of Freeholders
Including corporate, council/local authority, Charitable, private, individual and jointly owned freeholds. We understand the best way to work with these different types to get your lease extended in a timely and efficient manner.
The Leasehold & Freehold Reform Act 2024
The battle is not over yet. Freeholders are still appealing. The current act only allows:
- Extra 990 years rather than the current 90 years.
- 2 year ownership rule removed.
- The freeholders will have to pay their own costs.
- You will be able to buy out a high or escalating ground rent liability at a reduced capped rate.
The is still no agreement on:
- No marriage value payable for flats with under 80 years remaining at the date of the claim.
- The government will set deferment & capitalisation rates which may or may not increase the cost of your lease extension under the 2024 Act.
REASONS TO EXTEND YOUR LEASE
- Leases below 100 years remaining are more difficult to sell and re-mortgage
- Leases below 80 years may not be accepted by mortgage lenders and only attract cash buyers.
- Leases with high and escalating ground rent liability will reduce the value of your flat.
