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Looking to extend your lease? This leasehold extension calculator can help you estimate how much it will cost to purchase more years.
The cost of extending your lease depends on the value of the property, the number of years left on the lease, the annual ground rent, the value of improvements done to the property paid by the leaseholder and external factors such as expected rate of returns on investments. The leasehold extension valuation is a complex calculation, but also a subjective one which means it is open to negotiation – or decision by a tribunal.
While you can get an idea of the cost of buying up more years (referred to as the premium you have to pay to the freeholder for the extended years) with our lease extension calculator, approaching a valuation surveyor with experience of lease extensions will be worth the investment and stop you paying over the odds for your extension.
On top of the cost of buying the extra years on your lease (the premium) you have to pay:
For more information on what to consider with Leasehold Extension, see our full advice guide
HomeOwners Alliance Ltd is registered in England, company number 07861605. Information provided on HomeOwners Alliance is not intended as a recommendation or financial advice.
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