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Extend Your Lease

Extend Your Lease<br>Extend your lease<br>With leases continuing to get shorter, for example some areas of London leases of 40-60 <br>years are common, leaseholders should also know their legal right to extend their lease. <br>Since 1993 when the right to extend your lease was passed, legislation has been changing <br>to benefit the leaseholder. For example, qualification criteria have been relaxed, and it is <br>no longer necessary to live in the flat or own the lease for 2 years first. The prospect of <br>extending your lease may seem like a daunting task but we can achieve it by serving a <br>formal legal notice o

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Extend Your Lease

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  1. Extend Your Lease Extend your lease With leases continuing to get shorter, for example some areas of London leases of 40-60 years are common, leaseholders should also know their legal right to extend their lease. Since 1993 when the right to extend your lease was passed, legislation has been changing to benefit the leaseholder. For example, qualification criteria have been relaxed, and it is no longer necessary to live in the flat or own the lease for 2 years first. The prospect of extending your lease may seem like a daunting task but we can achieve it by serving a formal legal notice on the freeholder and intermediate landlords. Your statutory right is an additional 90 years to add to whatever unexpired term you currently hold with ground rent reduced to a peppercorn.

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