How To Extend The Lease On A Property

How do I extend the lease on a property?

With regards to types of property, it's often possible to extend a lease simply by talking to your landlord and agreeing on an extension figure. However, by law you're allowed to purchase a nine year extension to your existing lease, providing you've owned your property for at least two years. If you decide you want to extend your lease, you have to get your solicitor to start a legal process with the free holder, with you employing a surveyor to do the negotiating on your behalf to agree a price. Therefore extending a lease is really quite simple.