If you have owned your home for at least two years, you can purchase a lease extension. This will normally be granted for 90 years on top of the number of years left on your existing lease.
We will only be able to confirm the estimated cost of the lease extension, once the valuation has been carried out.
How to apply
If you decide to apply to extend your lease, you will need to serve the Home Ownership Team with a formal notice.
It can be a complicated and difficult a difficult process. We recommend you get professional help from a solicitor and or a surveyor with experience in this area. You can also approach the Leasehold Advisory Service which provides free advice on the law affecting residential leasehold property in England and Wales.
You will also be responsible to pay our legal and valuer's fees of approximately £1,800 plus VAT and your own legal fees.