Why Understanding Lease Extension Costs Matters More Than You Think

If you’re a leaseholder, extending your lease isn’t just about ticking a box-it’s a smart move to protect and potentially boost the value of your property. But here’s the catch: understanding the true cost of a lease extension can be tricky.

In the current system, factors like marriage value and ever-changing market conditions can significantly affect the premium you’ll pay. However perhaps you landlord will work under the yet to be implemented new system, which many landlords are offering.  That’s why getting a professional valuation from someone working in this area of surveying is more than just a good idea-it’s essential. Add in expert negotiation, and you’re in a much stronger position to secure a fair deal.

At Olden Property, we specialise in helping leaseholders navigate this process with confidence.

From accurate valuations to strategic advice, we’re here to make sure you’re fully informed and set up for the best possible outcome.

Thinking about extending your lease? Let’s talk.