Leasehold Valuation Tribunal

Can I Extend My Lease?

Just because you don't have an absolute right to extend your lease, you can always try to extend you lease via negotiation. Fridays can handle your negotiation and other lease extension duties for you.

Buying your Freehold - Enfranchisement

If you are a leaseholder you have a right to extend your lease, however if you don't the property will revert to the freeholder once your lease expires. Your options are:Get a lease extensionThe first step here is to get an estimate using a Lease Extension calculator using this you will have an...

Paying for your Lease Extension

Lease Extensions should only be considered if the cost of the extension is lower than the value added to the property.  That said, you may still need to find a considerable sum to cover the premium and associated fees and may be considering a loan or mortgage extension.Fridaysmove are not a...

London lease extension cases – LVT 2010

London Lease Extension – Property and Leasehold DetailsThe Lonodn property in question was a leasehold property known as 5 Newlands Court, Footscray Road, Eltham, London SE9 2SS. The lease details are as follows: Date of lease 21 January 1964Term of lease 98 years  (less 10...

Free Lease Extension Calculator

Our Lease Extension Calculator is based on the formula in the Leasehold Reform Housing and Urban Development Act 1993 (as amended) and provides an estimated premium for a leaseholder based on 90 additional years.The actual calculation used by Leasehold Valuation Tribunals is more complicated and...

Camden Lease Extensions - LVT Decisions

This summary relates to a lease extension in Camden by London Leasehold Valuation Tribunal. The decision was made in 2004. The application was under section 48 of the leasehold reform, housing and urban development act 1993. The leaseholder was Susan Feld and the landlord was Hildron Finance...

1995 Leasehold Valuation Decision – Lease Extension Birmingham

This is a summary of a Birmingham lease extension decision The Leasehold Valuation Tribunal where it was ordered that The leasehold owner was entitled to a lease extension upon the terms to be decided by the Leasehold Valuation Tribunal for determination of those terms including the amounts...

Leasehold reform action group sets out new objectives

The Campaign for the Abolition of Residential Leasehold has revised it’s objectives are as follows : "1. Make commonhold compulsory for all new developments of blocks of flats. Since commonhold – a much fairer system of tenure than leasehold – is now available, there is no...

Why now is the right time for a lease extension

Leasehold owners of flats and maisonettes whose leasehold is due to expire within the next 60 or 70 years should apply to have it extended while property prices remain relatively low throughout the UK.Whilst there are some exceptions as to who is entitled to a lease extension, the vast majority...

Paying landlord’s licensing fees for consent to subletting

The Fridaysmove leasehold conveyancing team are receiving an increasing number of calls concerning payment of freeholders fees for granting consent to sublet their flat or apartment. This increase may be as a result of more first time landlords entering the market. It could also be that freeholders...

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