Are you thinking of extending the number of years remaining on your lease? Southern Home Ownership is here to help.
As your lease gets shorter, the value of the lease decreases and in turn this can affect the value of your property. Extending your lease term should also be a consideration if you are planning to re-mortgage. Lenders are often reluctant to consider providing funds for homes with a lease term length of less than 75 years. The same issue is likely to arise for potential purchasers, if you are trying to sell your home.
If your lease has a term of less than 85 years, we strongly recommend that you begin to consider taking steps to extend the term.
Southern Home Ownership's experienced team is on hand to help you through the lease extension process.
Please register your details below, and we'll send you all the information you need to get things started including a lease extension guide book and list of useful contacts.