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"Lease Extension"


Published 26/11/2009


Lease Extension
Would you consider buying a flat in the centre of London that only had a short lease? If you did you might just find that you`d have to pay a premium when the lease was due for a renewal. Buyers are often wary of properties that only have short lease because mortgage lenders can be notoriously picky about lending money for homes that fall into this category. Therefore, if you own a property but might want to sell it in the future it could be worth paying for a Lease Extension as soon as you possibly can. Act now rather than later and you could save yourself some money because the shorter the lease gets the more expensive it will be. Help can be sought if you are unsure about how to begin the process of a Lease Extension . Practices have established in the London area that can help concerned home owners and with their expert help the whole process of a Lease Extension can be as painless as possible. There will be countless flat owners in London who are looking into this process in the future and many will secure a new 90 year extension as direct result of their actions.



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