Lease extension with ease
Helen C owns a flat in a block in Chester. Ms C and the other leaseholders wanted to extend their...
This will depend on whether you carry out the process for a lease extension under the formal or informal route.
If you extend your lease formally then you will only have to pay a “peppercorn rent” which means no ground rent at all.
If you extend your lease informally by negotiating with your landlord, you may still have to pay ground rent depending on what you agree.
Lease extension can be a difficult process. We recommend you get professional help from a solicitor and surveyor with experience in this area.
More information you might find useful:
- Lease Extension – Getting Started
- More Frequently Asked Questions on Lease Extension
- Lease Extension Calculator
Still not found the answer?
Contact LEASE to have your enquiry dealt with by one of our experienced advisers