Pinney Talfourd Solicitors
UPMINSTER 01708 229 444
BRENTWOOD 01277 211 755
HORNCHURCH 01708 511 000
LEIGH-ON-SEA 01702 418 433
CANARY WHARF 0203 105 0305

Lease Extensions

A long residential lease is a valuable but 'wasting' asset, as the remaining term of the lease decreases over time and so the property decreases in value. Whether you own a flat with a long lease as your home or as a buy-to-let investment or you are a landlord or freeholder of a property, it is important to consider the length of term remaining on a lease and take steps to ensure that you maximise the value of your property.

Leases can be extended either by informal negotiations or by following the statutory procedure to claim an extended lease. We can deal with every aspect of this process for landlords or the tenants from the initial notice to trigger a claim under the statutory procedure, to the landlord's counter notice, liaising with valuers on the negotiations for the premium through to completing the new lease or, in the event of a dispute, dealing with any application to the First Tier Property Tribunal.

The statutory procedure is fraught with difficulties as there are strict deadlines and time-frames to observe.

Enfranchisement

This is the process whereby tenants can collectively purchase the freehold of all, or part, of the building from the landlord. We are able to assist leaseholders and freeholders with collective enfranchisement including checking eligibility, serving the initial notice or landlords counter notice and preparing for the subsequent procedures.

Service Charges/Management

Landlord and tenant disputes can arise due to a range of issues including rights and obligations, repair of buildings, service charges and disagreements about lease agreement terms. Our department is able to help you resolve such issues efficiently and effectively.

Your key contact: Stephen Eccles

 

Experience

Our specialist team of solicitors have wide ranging experience in guiding tenants and Residents Associations in acquiring their freeholds and obtaining lease extensions. We act for tenants, landlords, landed estates and investors.

Expertise

We have a strong reputation for enfranchisement services and offer clear and concise advise on enfranchisement transactions providing our clients with an effective, seamless and efficient service from start to finish.