More leasehold enfranchisement activity? The right time for a lease extension?

There’s an interesting poll currently taking place on the Leasehold Enfranchisement Group of LinkedIn [the business orientated social media platform]. According to today’s survey of specialist lease enfranchisement and lease extension solicitors and surveyors, 76% said they had noticed more enfranchisement activity compared with this time last year, with 5% reckoning it was about the same and just 17% noticing a slowdown in their workload.

And why is that I wonder? It could be the sign of a property market that is slowly starting to show some feeble signs of recovery – or it could alternatively be a sign that leaseholders feel now is the right time to proceed with collective enfranchisement or lease extensions – with the housing market generally remaining at a very low state with prices of property remaining depressed – which means, of course, that any lease extension is likely to cost less than it will do when prices eventually start to climb up again.

Our advice – now is the right time to extend your lease.

Looking for specialist UK Lease Extension Solicitors? Contact us today

If you want to extend your lease before house prices go up, you are going to need a specialist solicitor to help you. Our UK lease extension solicitors have the experience and expertise you need, so:

  • Call us on 01722 422300, or
  • Send us an email via the contact form below.

Comments or questions are welcome.

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