Lease Extension Valuations in Sevenoaks, Kent
Professional Lease Extension Advice for Flat Owners in Sevenoaks
If you own a leasehold flat in Sevenoaks, understanding your lease term and acting before it becomes too short could save you thousands and preserve your property’s value. At Olden Property, we specialise in providing clear, fixed-fee lease extension valuations, helping you understand your options and make informed decisions with confidence.
Many flats in Sevenoaks , particularly those built or converted in the 1980s and 1990s were sold on 99-year leases. Today, many of these leases are falling below 85 or even 80 years, a crucial threshold that can affect your ability to remortgage, sell, or secure full value for your home. Once a lease drops below 80 years, marriage value becomes payable a legal requirement that significantly increases the premium you’ll need to pay to your freeholder.
Why Instruct Olden Property?
We’re trusted by leaseholders across Sevenoaks and West Kent to provide independent, accurate, and prompt lease extension valuations. Here’s why:
✔ RICS Registered Valuer – Reports prepared in line with the Leasehold Reform, Housing and Urban Development Act 1993
✔ Fixed-Fee Reports – Transparent pricing with no hidden charges
✔ Local Knowledge – We understand the Sevenoaks market, from Riverhead and Kippington to Dunton Green and central TN13
✔ Quick Turnaround – We aim to complete most valuations within 3–5 working days
✔ Statutory & Informal Support – Whether you're going down the formal statutory route or negotiating informally, we provide advice tailored to your situation
We regularly act for clients in TN13, TN14, Riverhead, Seal, Bat & Ball, and the surrounding villages. Whether you are about to serve a Section 42 Notice or simply need to know where you stand, we’re here to help.
What We Provide
Lease Extension Valuations – Compliant with the 1993 Leasehold Reform Act
Detailed Premium Assessment – Including marriage value, relativity, ground rent analysis, and market value considerations
Support for Leaseholders & Solicitors – We work collaboratively with your legal advisors to support the process from start to finish
Valuation Reports for Negotiation or Tribunal – Suitable for informal discussions or formal applications to the First-tier Tribunal (if needed)
Why Timing Matters
The sooner you act, the less you'll pay. Waiting until your lease drops below 80 years not only increases the premium due to marriage value, but may also limit your pool of buyers if you plan to sell — or prevent you from remortgaging altogether. Early action keeps costs manageable and your options open.
Areas We Cover
We provide lease extension valuations throughout:
Sevenoaks Town Centre (TN13)
Dunton Green, Riverhead & Kippington
TN14 & surrounding villages – including Seal, Otford, and Wildernesse
Plus wider West Kent, including Tonbridge and Edenbridge
“If you own a flat in Sevenoaks with a lease approaching 80 years or fewer, it’s important to act early. Once your lease drops below this threshold, the cost of extending it increases significantly due to the requirement to pay marriage value. Extending your lease before this point can save you thousands and help maintain your property’s value and mortgageability.
For freeholders in Sevenoaks who receive a Section 42 Notice, obtaining a professional valuation is essential to ensure fair compensation for the lease extension and the loss of future ground rent income.
At Olden Property, we assist both leaseholders and freeholders across Sevenoaks and the surrounding areas with RICS-compliant valuations and expert guidance throughout the lease extension process, in accordance with the Leasehold Reform Act 1993.”
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