THE LEASEHOLD EXTENSION PROCEDURE



  • There are two ways in which you can extend your Lease. One way is to informally negotiate a value with the freeholder. The other way is to formally serve a Notice on the freeholder stating the offer. The Freeholder can either accept this offer or serve a Counter-Notice with a different price.
  • Pro-Leagle offers a Leasehold Extension Service.

What if the Freeholder does not agree to extend the leasehold?

  • If negotiations stall, the matter can then be referred to the Leasehold Valuation Tribunal in Central London for arbitration.

What if the Freeholder cannot be traced?

  • Pro-Leagle offers a Freeholder tracing service.
  • If you have failed to obtain the Freeholder's name and address by application to the Land Registry in Cardiff and posted advertisements requesting his whereabouts, you will be able to apply to the Leasehold Valuation Tribunal for a 'vesting order' granting your Leasehold Extension.