After the end of industry and manufacturing in the area in the 1970s and 1980s, Liverpool declined into a city with an extremely high level of unemployment and a very high level of poverty. Extensive regeneration in the 1990s and 2000s, though, has transformed Liverpool into a city of culture and business, with Liverpool even having been declared the official City of Culture.
Employment rates in Liverpool are now very good, and as a result a number of people are able to buy their own properties in the city. Housing supply hasn’t kept up with demand, though, which has pushed prices up and meant that for many people their only option is to purchase a leasehold flat.
Many flat-owners in Liverpool need to extend the leases on their properties – yet many of them don’t even realise that they have the legal right to do so.
Extending the lease on your value of your flat [whether or not you actually live in it, or are a buy to let landlord] makes great financial sense. You almost certain to end up with an significant increase in the value of your flat as a direct result.
But don’t forget – the longer you leave your lease extension, the more expensive extending your lease is going to be.
MAKE SURE YOU APPOINT A LEASE EXTENSION SPECIALIST
Lease extensions involve complex legislation, tight deadlines and various other complications. Many non-specialists property solicitors will try their hand at a lease extension only to find that they’re out of their depth and cannot represent their client’s needs sufficiently. This is why it is so essential that the solicitor you instruct for your lease extension is a specialist
Our specialist lease extension solicitors have vital experience interacting with landlords who will often try to disrupt lease extension negotiations. A popular trick is to delay proceedings so that the leaseholder’s lease runs below the pivotal 80 year limit so that it costs far more to extend the lease. Experienced lease extension solicitors will not fall for these tricks and if necessary they will be able to apply for a Leasehold Valuation Tribunal to speed up the process. Don’t forget that the landlord is likely to instruct a specialist themselves, so make sure that you are on an equal footing.
YOUR LEASE EXTENSION – WHY CHOOSE US?
Here are just a few reasons:
• We’ll draft all the documents and manage the deadlines
• Our team of 5 lease extension experts have vast experience helping thousands of clients with extending a lease
• We are proven specialists – we are long-standing members of the Association of Leasehold Enfranchisement Practitioners (ALEP)
CALL TODAY FOR HELP WITH YOUR LIVERPOOL LEASE EXTENSION
Our specialist team manage the lease extension process from start to finish for the majority of our clients without needing to meet face-to-face – keeping in contact via email, telephone or Skype.
- Just call us now on FREEPHONE 0800 1404544 for a FREE initial phone consultation and a FREE quote for your lease extension, OR
- Complete the email contact form below