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Price of increasing a lease

How much does it cost to increase lease on a flat ?

Asked on Jan 9 2014, General in Christchurch | Report content

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  • Depends on too many factors to give any kind of answer. See a property lawyer

    Answered on Jan 15 2014, Report content
  • Hi, This is the sort of thing that will change from agent to agent, and it will really depend on the deal you have with them. If you have a copy of your tenancy agreement, you should have a look at that, as it will most likely be noted down in there. Some will most likely renew without any charge, while there will be others that will charge around £50 as an admin fee. Best thing to do is just give your letting agent a quick call to find out. Many thanks, Scott

    Answered on Jan 20 2014, Report content
  • This all depends on the Freeholder. Would be worth asking fellow residents how much they have paid or if they are thinking of extending their leases as together you might be able to negotiate a better figure.

    Answered on Feb 28 2014, Report content

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