Extend your lease in Hatfield or Welwyn Garden City

Do you own a leasehold property in Welwyn Garden City, Hatfield or nearby? Now could be a smart time to extend your lease. A longer lease helps to maintain your home’s value and makes it easier to sell or remortgage.

You should act before your lease falls to 80 years

When a lease drops below 80 years, it becomes more expensive to extend and harder to sell. Many lenders won’t offer mortgages on short leases, which can delay transactions. Extending early helps you avoid unnecessary costs and complications. Changes to the legislation may impact those with low leases, and an early discussion with us is essential.

Leasehold reform 2024: What’s changing and when

The Leasehold and Freehold Reform Act 2024 introduces big changes, like 990-year extensions, no ground rent, and simpler valuations. However, these won’t take effect until 2026 or beyond. If your lease is already getting short, it may be worth acting now rather than waiting. Every property and lease is different and speaking to us will help you to understand whether you should extend now or wait.

How to extend your lease with Welwyn Hatfield Borough Council

If the council owns your freehold, you can apply to extend your lease by 90 years with no ground rent. The process involves serving formal notice and negotiating terms. If there’s no agreement, a tribunal can help settle it.

Get local leasehold advice from trusted experts

At Attwaters Solicitors, we’ve supported clients across Welwyn Garden City, Hatfield, and beyond. If you want to extend your lease, we’ll help make it simple.

Contact us today at leasehold@attwaters.co.uk or call 0203 871 0039.