Lease Extension Valuation Services in Maidstone, Kent

Independent Leasehold Advice for Flat Owners in Maidstone

If you own a leasehold flat in Maidstone, understanding the length of your lease and acting before it becomes too short, could save you thousands of pounds. Once a lease falls below 80 years, you may face significantly higher costs due to the introduction of marriage value, as well as difficulties remortgaging or selling the property.

At Olden Property, we specialise in RICS-compliant lease extension valuations for leaseholders in Maidstone and the surrounding areas. We provide independent, fixed-fee reports that clearly explain the likely premium payable and help you negotiate confidently with your freeholder

 

Why Choose Olden Property?

  • RICS Registered Valuer – All reports are prepared by a Chartered Surveyor in accordance with the Leasehold Reform, Housing and Urban Development Act 1993

  • Transparent Fixed Fees – Know the cost from the outset, with no hidden extras

  • Fast Turnaround – Ideal if you’re working to a deadline or preparing to serve a Section 42 Notice

  • Local Market Knowledge – Extensive experience with flats in Maidstone, Loose, Springfield, Allington, and BearstedTailored

  • Advice – We advise on both statutory lease extensions and informal negotiations, depending on your circumstances

Whether you're a long-term leaseholder or a recent buyer looking to protect your investment, we provide the clear, expert guidance you need

Where We Work

We carry out lease extension valuations across:

  • Maidstone Town Centre – including Earl Street, Romney Place, and Tonbridge Road

  • Springfield & Penenden Heath – flats in post-2000 developments and converted buildings

  • Loose & Loose Valley – character flats and maisonettes

  • Allington & Bearsted – modern leasehold homes and retirement flats

  • Nearby areas – including Aylesford, East Farleigh, and Coxheath

What’s Included in Our Valuations?

  • Lease extension premium assessment based on the unexpired term, ground rent, market value, and relevant valuation rates

  • Marriage value calculations, where applicable

  • Relativity and deferment rate analysis

  • Clear explanation of statutory rights under the Leasehold Reform Act

  • Reports suitable for informal offers or formal proceedings (including First-tier Tribunal if needed)

  • Advice on next steps, working with your solicitor throughout the process

“If you own a flat in Maidstone and your lease is nearing 80 years or fewer, it’s wise to take action sooner rather than later. Once the lease term falls below this threshold, the cost of extending it rises considerably due to the introduction of marriage value — a legal mechanism that increases the premium payable to the freeholder. Extending your lease before reaching 80 years can help you avoid this additional cost and preserve both your flat’s market value and its appeal to lenders.

For freeholders in Maidstone who are served with a Section 42 Notice, obtaining a formal valuation is vital to ensure that the premium reflects fair compensation — including the loss of future ground rent and the impact on reversionary value.

At Olden Property, we provide independent, RICS-compliant lease extension valuations for both leaseholders and freeholders throughout Maidstone and the wider ME14/ME15 area. Whether you’re preparing to serve notice or responding to one, we offer clear, expert advice aligned with the requirements of the Leasehold Reform, Housing and Urban Development Act 1993.”
— Tom Olden MRICS, Olden Property

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