Lease Extensions/Freehold Enfranchisement
We provide a service whereby we will advise on extending your Lease or purchasing the Freehold Reversion.
Fee quotes will be provided on request depending on your circumstances. However we can provide some guidance.
We charge an hourly rate of £250 plus VAT. Where you apply to have your Lease extended the matter, if not agreed be referred to the First Tier Tribunal for determination.
The fixed fee element is as follows:
To draft, advice and prepare Section 42 Notice £450 plus VAT
Advice regarding Counter-notices and other Negotiations £250 plus VAT per hour
Dealing with Conveyancing once terms have been agreed £750 plus VAT and disbursements
Please bear in mind that when you apply for Lease extension you would normally be expected to pay the Landlord’s Professional Costs apart from those which are contested.