85 vs 65 years remaining on your lease When 65 years remain on lease


A Flat in Reading with an approximate value of £250,000 and 65 years remaining on the lease was extended by 90 years under the Statutory Lease Extension.


• The premium payable was £20,000 • Leaseholder’s Surveyors fees £800 • Leaseholder’s Solicitor’s fees £800 • Landlord’s Solicitors & Surveyor’s fee £2000


Total paid by the Leaseholder: £23,600 Cost saving


It will never be cheaper to extend your lease than if you act now.


Get in touch to discuss your options today.


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.


Completion 17.


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