How we’ve helped our clients

Extension on a Private Property Lease

Extension on a Private Property Lease

We acted for a client who was selling a private flat. Only when a sale had been agreed and we were instructed, did she realise that the lease had only 60 years to run and was not acceptable as security to the buyer’s lender, and therefore not acceptable to any buyer, without the lease being extended.

There is a statutory procedure for extending the lease by 90 years. There is a strict timetable and whilst most people would be advised to contact their landlord to agree the extension, in this case the landlord was a company that had been dissolved several years before, and therefore could not grant the extension.

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Buying a PropertyCo ownershipCommercial & Residential PropertyConveyancingConveyancing costsDelays in the Conveyancing Process GuideFirst RegistrationFor YouLeasehold propertyLost Title DeedsPurchaseRemortgaging Your PropertyResidential PropertyRetirement PropertySaleSelling a PropertyTransfers of Ownership
Surrender of Lease & Sale to Undertenant

Surrender of Lease & Sale to Undertenant

We acted for a group of four owners of commercial premises that was subject to a lease and sub lease. It was agreed that the current tenant would surrender the lease with a large payment to compensate our clients for dilapidations and on the same day as the surrender, the property would be sold to the current occupying subtenant.

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