Case study comparison: 85 vs 65 years remaining When 85 years remain on lease


A Flat in Reading with an approximate value of £250,000 and 85 years remaining on the lease was extended by 90 years under the Statutory Lease Extension guidelines.


• The premium payable was £8,000 • Leaseholder’s Surveyors fees £800 • Leaseholder’s Solicitor’s fees £1,200 • Landlord’s Solicitors & Surveyor’s fee £2000


Total paid by the Leaseholder: £11,600


Did you know... If there are any other leaseholders in your block that may be interested in extending their lease at the same time as you, this can be combined to save


costs for all involved.


The prices above are indicative only and we cannot give you an exact figure in this document for the cost of extending your lease. Every property is different and the total cost to extend your lease may be more or less than the example given but generally speaking, the less years that remain on your lease, the most expensive the lease extension premium will be.


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