Overview
A short lease can erode your property's value and saleability. We guide leaseholders through the statutory or informal route to extend a lease, protecting your position and ensuring the new terms are registered correctly.
What's included
- Eligibility assessment under the Leasehold Reform Act
- Serving and managing the Section 42 Tenant's Notice
- Valuation referral and negotiation of the premium
- Preparation and approval of the new lease
- Registration of the extended lease at HM Land Registry
How it works
The process
Eligibility
We confirm you qualify and advise on the likely premium.
Notice
We serve the formal Section 42 claim on your freeholder.
Negotiation
We negotiate the premium and terms of the new lease.
Completion
The premium is paid and the new lease is completed.
Registration
We register the extended lease at HM Land Registry.
Questions
Frequently asked
Do I qualify for a statutory extension?
You generally need to have owned the flat for two years and have at least 21 years remaining on the lease.
How much will the premium be?
It depends on the remaining lease length, ground rent, and value. We'll refer you to a specialist valuer for an estimate.
Can I extend informally instead?
Yes - some freeholders agree an informal extension, which can be faster but offers fewer statutory protections.
Ready to start your lease extension?
Get a fixed-fee quote in minutes and track every step in the MCH+ Portal.