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A Lease extension plays a crucial role in maintaining and protecting the value of a leasehold property. As the remaining lease term reduces, the cost of extending it can increase significantly, particularly once it approaches the 80-year threshold. This is why understanding the valuation process and acting at the right time is essential.
A professional valuation helps leaseholders understand the likely premium involved in a Lease extension, taking into account factors such as ground rent, property value and remaining lease length. Accurate valuations also support smoother negotiations with freeholders and help avoid unexpected costs.
Many leaseholders benefit from early guidance, even if they are not yet ready to proceed. With clear advice and an informed approach, a Lease extension can improve mortgage options, strengthen resale appeal and secure long-term property value. Working with experienced leasehold valuation specialists ensures the process is handled with clarity, accuracy and confidence.