As your lease gets shorter; the value of your flat will decrease, mortgage lenders are less likely to lend on your property and buyers may be advised to steer clear.
Help is at hand! Most leaseholders have a legal right to extend their lease.
We also provide lease and freehold valuation advice to Landlords
Download an article prepared by our Associate, Stephen Lee, MRICS, which was published on 5 January 2012 on "The Benefits of Lease Extensions"
NB. Useful website link which provides general advice for Landlords and Leaseholders: www.lease-advice.org