Lease Extension Surveyor Brighton - Expert Valuations & Negotiation Advice

Secure Your Brighton Flat’s Value with a Professional Lease Extension

If you own a flat in Brighton and your lease is approaching (or already below) 80 years, it’s time to act. A short lease can significantly reduce your property’s market value, limit mortgage options, and deter buyers.

At Olden Property, we provide independent, RICS-compliant lease extension valuations and negotiation advice across Brighton & Hove — helping leaseholders understand the premium payable, serve valid notices, and achieve fair, evidence-based settlements.

Whether you own a Regency flat in Kemp Town, a converted Victorian maisonette in Hove, or a modern apartment near the seafront or London Road, our role is to protect your interest and ensure you don’t pay more than necessary to extend your lease.

 

Why Lease Extensions Matter

Under the Leasehold Reform, Housing and Urban Development Act 1993, most long leaseholders of flats have a statutory right to extend their lease by 90 years at a peppercorn ground rent.

Once a lease falls below 80 years, “marriage value” becomes payable — meaning the cost of extension rises sharply. Acting before this point can save thousands of pounds.

Extending your lease provides key benefits:

  • Increases your property’s market value and saleability.

  • Reduces or removes ground rent.

  • Improves mortgageability with major lenders.

  • Offers long-term security of tenure.

 

Our Lease Extension Services

We guide leaseholders and freeholders through every stage of the process, including:

  • Lease Extension Valuation – calculating the premium in line with statutory and market practice.

  • Section 42 Notice Advice – helping you or your solicitor serve a valid notice to start the process.

  • Negotiation Support – liaising with the freeholder’s surveyor to agree a fair premium.

  • Tribunal Preparation – preparing reports and evidence for the First-tier Tribunal (if required).

  • Informal Offers – assessing non-statutory offers and ensuring they represent fair value.

Our valuations are fully compliant with RICS Red Book standards and supported by local comparable sales, ground rent yields, and market data for Brighton & Hove.

 

Local Lease Extension Expertise in Brighton & Hove

We regularly act for leaseholders in:

  • Kemp Town, Hove and Hanover – period conversions and seafront apartments.

  • Seven Dials, Preston Park and London Road – popular residential areas with mixed lease terms.

  • The Lanes and Central Brighton – heritage flats with complex titles and higher premiums.

  • Portslade, Rottingdean and Saltdean – purpose-built flats and modern developments.

Brighton’s market has seen rising premiums in recent years, driven by strong local demand and limited supply of long-lease flats. Having a local RICS valuer ensures your case reflects true evidence rather than national averages.

 

Fees & What to Expect

Our fees are transparent and fixed wherever possible, depending on property type and complexity:

  • Valuation reports suitable for Section 42 notice: typically £600–£850 + VAT.

  • Negotiation fees: hourly or percentage-based, agreed in advance.

  • Tribunal work: priced separately if needed.

In most cases, leaseholders recover reasonable valuation and legal costs from the freeholder once the process is complete.

 

When to Get Advice

You should seek valuation advice if:

  • Your lease is under 85 years and you’re considering extending.

  • You’ve received an informal offer from your freeholder.

  • You’re buying or selling a leasehold flat with a short lease.

  • You’re unsure how to serve a Section 42 notice correctly.

Acting early gives you more control, more time to negotiate, and can save a substantial amount on the premium payable.

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