Lease Extension Valuations in Tunbridge Wells

Expert Leasehold Valuations from Olden Property – RICS Registered Valuer

If you own a leasehold flat in Tunbridge Wells and your lease is nearing 80 years or less, it’s essential to act now. At Olden Property, we specialise in providing professional lease extension valuations to help leaseholders secure the long-term value of their homes.

Whether you're based in the heart of Royal Tunbridge Wells, the leafy suburbs of St John's, or the surrounding villages such as Rusthall or Pembury, we offer clear, accurate advice tailored to the local property market.

Why extend your lease?

Extending your lease before it falls below 80 years is critical to avoid unnecessary costs and protect your property’s value. Once your lease hits the 80-year threshold, marriage value is introduced – a charge that can significantly increase the premium payable to your freeholder.

By extending your lease, you can:

• Avoid paying marriage value

• Reduce or eliminate escalating ground rent

• Increase your flat’s value and mortgageability

• Make the property more attractive to future buyers

Why Choose Olden Property?

When it comes to lease extension valuations, choosing the right surveyor can make a real difference in both the cost and the outcome. At Olden Property, we offer clear, professional advice to leaseholders in Tunbridge Wells, helping you make informed decisions with confidence.

✔ RICS Registered Valuer

All valuations are carried out by a qualified RICS Registered Valuer, ensuring your report meets the standards expected by solicitors, freeholders, and the First-tier Tribunal.

✔ Local Tunbridge Wells Market Expertise

With detailed knowledge of the Tunbridge Wells property market – including St John’s, Southborough, Rusthall, and the town centre – we provide accurate, evidence-based valuations based on real local comparables.

✔ Transparent, Fixed-Fee Service

We operate on a clear fixed-fee basis, so you know exactly what you’re paying for.

✔ Fast Turnaround and Personal Support

Timing is often crucial, particularly when serving or responding to a Section 42 Notice. We deliver our reports promptly and are on hand to provide ongoing support, liaise with your solicitor, and guide you through the process from start to finish.

Our Lease Extension Services Include:

• Lease extension valuation reports under the 1993 Act (statutory)

• Guidance for informal lease extensions offered by freeholders

• Advice on whether marriage value applies and how it affects cost

• Coordination with your solicitor and the freeholder’s surveyor

• Ongoing support through negotiations and the lease extension process

We also assist with:

• Serving or responding to Section 42 Notices

• Providing desktop or site-inspected valuations

• Advising leaseholders on what to expect in negotiations

 Areas We Cover

We’ve helped clients extend leases in all parts of Tunbridge Wells and nearby villages, including:

• Royal Tunbridge Wells town centre

• St John’s and St Peter’s

• Hawkenbury and Southborough

• Rusthall, Pembury, and Langton Green

• Broadwater Down and High Brooms

Whether you own a flat in a period conversion, a modern development, or a listed building, we can help.

If your lease is under 90 years, we recommend obtaining a professional valuation as early as possible. Extending before the 80-year mark can save you thousands in added premium. We offer practical, professional advice to leaseholders in Tunbridge Wells – helping you extend your lease with confidence.