Renewing a Lease - Advice Required
Please assist in advising if there is a way to find out how much it should be to renew our lease. We have approx 75 years left on our lease. The freeholder wants a ridiculous amount of money to renew up to 99 years. Is there any legal advice anyone can give me or is this value completely at the discretion of the freeholder?? Are there any tools or websites that could help me determine the lease renewal amount? What is the legislation around determining lease renewal values?? Property is in Morden, London.
Web reference: https://www.lease-advice.org/advice-guide/lease-extension...Answered on Jan 10 2018, Report content
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