Do You Need To Pay Stamp Duty On Lease Extension?

When purchasing property, Stamp Duty Land Tax (SDLT) is a typical expense. Fortunately, most individuals are exempt from paying SDLT on their lease extension premium. Even if SDLT

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Can A Leaseholder Be Forced To Sell?

Selling a leasehold property differs slightly from selling one on a freehold basis, requiring additional documentation and potentially the services of a solicitor experienced in leasehold sales. According

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Is A 125 Year Lease Long Enough?

It’s a pretty bold statement, but in short, a 125-year lease is not long enough to provide the security and flexibility desired in property ownership and investment. While

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What Is Considered a Short Lease in The UK?

When buying a flat or maisonette, whether for personal use or investment, it’s common to encounter leasehold properties. The remaining years on the lease significantly influence the property’s

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What Are The Pitfalls of Buying A Leasehold Property?

Buying a home is a significant life event, but it can become complex when dealing with leasehold properties. My journey into purchasing a leasehold property revealed some unexpected

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How Hard Is It To Extend A Lease?

Owning a leasehold property often entails the eventual need to extend the lease. Over time, the lease term diminishes, which can adversely affect the property’s value and marketability.

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Do I Need A Solicitor For A Lease Extension?

Considering a lease extension? Wondering if legal assistance is necessary? Read into our guide to find out if you need a solicitor’s expertise for navigating the complexities of

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Can Freeholder Stop Me Selling My Flat?

If you are trying to sell your leasehold flat and the freeholder is blocking the sale, there are a few steps you can take. Understanding your rights and

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Do Leasehold Flats Go Up In Value?

Investing in property entails thoughtful consideration, particularly regarding the potential appreciation of leasehold flats. The leasehold system has drawn scrutiny for its complexities and expenses, including steep ground

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Can You Always Renew A Leasehold?

The impending leasehold reform brings about changes, prompting consideration of when to extend your lease. Let’s delve into the implications and timing of lease extensions amidst these developments.

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