Solicitors specialising in Lease Extensions in Bournemouth and nationwide
Bournemouth has many thousands of flats like the photo on the right of those on the corner of Meyrick Road. And if you own one of those, did you know you probably have the right to extend the lease on your flat by up to 90 years? If you have owned your flat for at least 2 years (and your lease was originally granted for at least 21 years) then you can compel your landlord to grant you a leasehold extension – regardless of whether you’re actually living in it or have rented it out.
Lease extension – what’s in it for me?
• As your lease gets shorter, it becomes worth less. Extending a lease simply increases the value of your flat. Although there is a cost to lease extensions, this is almost always much less than the corresponding increase in the flat’s value. Banks are usually keen on lease extension lending and now is the right time to get a cheap UK lease extension, with property prices still depressed
• As your lease gets shorter, it becomes harder to sell. Some purchasers just don’t like short leases and many mortgage lenders refuse to lend on leases with only 65 years left
• Unless you accept that your lease is eventually going to be handed back to your landlord, it will need renewing eventually – and every year that goes by, the cost of the cost of extending the lease on a flat increases – especially when the remaining lease drops below 80 years
Click here to find out more about lease extension
Absent freeholder – don’t see how you can extend your lease?
Don’t worry, we can help you this. We regularly deal with this situation.
Click here to read more about missing freeholders and lease extensions
Need a Lease Extension? You can trust our specialists
Our expert Lease Extension team have already helped thousands of people like you in extending leases [as well as lease enfranchisement and right to manage company formation] over the last 25 year. we have a specialist five strong team doing nothing but this area of work – perhaps the bigger specialist team of its type in the country. And they can help you too in extending your lease.
What’s more, we are:
1) members of the Association of Leasehold Enfranchisement Practitioners –
2) the sole partners of The HomeOwners Alliance – the sole solicitors recommended for lease extension advice by the leading independent national body fighting for the rights of Britain’s 17 million homeowners.
3) Progressive Approved Solicitors – 1 of just 3 law firms England and Wales which is formally approved by Progressive Property – the UK’s largest property investment education company
Although we represent many clients by phone email and video call, we are relatively near to you in Bournemouth– with offices in Salisbury and Fordingbridge.
Click here to read more about leasehold enfranchisement or 
taking over the right to manage your block.
Although we represent many clients by phone email and video call, we are relatively near to you in Bournemouth– with offices in Salisbury and Fordingbridge.
But don’t just take our word for it. Here are testimonials from two surveyors who specialise in lease extension valuations.
“I have worked alongside Bonallack & Bishop on numerous lease extensions and have been impressed by their efficiency, regular communication and knowledge of the subject.”
Stephen Higley, Smith Robinson Higley Ltd, Chartered Surveyors, Poole
“As one of the leading and longest established firm of chartered surveyors specialising in leasehold reform, we have worked with Bonallack & Bishop on many occasions. The process is complex and a procedural minefield. Bonallack & Bishop certainly know the ropes and we have always found them knowledgeable and efficient and a joy to deal with.”
Andrew Pridell, Andrew Pridell Associates Ltd – specialist Lease Extension Chartered Surveyor and Valuer, Hove
Considering a Lease Extension? Get in touch with us today.
For FREE no strings attached initial phone advice, simply:
- Call us on (01722) 422300 or on FREEPHONE 0800 1404544 or
- E-mail us using the online enquiry form below
