Extend your lease in Epping Forest

If you own a leasehold property in the Epping Forest District, now could be the ideal time to extend your lease. A short lease can reduce your home’s market value, make it harder to sell or remortgage, and push up costs. Extending your lease helps to secure your investment – and depending on how many years remain, it could be crucial.

Leasehold reform 2024: What’s changing?

Thanks to the Leasehold and Freehold Reform Act 2024, change is coming. Leaseholders will soon benefit from 990-year extensions, no ground rent, and simpler valuations, but that may not happen until 2026 or beyond. So, if your lease is already getting short, it may be better to act now under the current rules. The changes to the rules could impact those especially with less than 80 years on the lease but also those with 80 plus years left to run.

How to extend your lease with Epping Forest District Council

If Epping Forest District Council is your freeholder, you can apply to extend your lease. You’ll need to follow a legal process, which includes giving formal notice and possibly negotiating terms.

Get Epping Forest leasehold advice from Attwaters Solicitors

If you’re looking to extend your lease, getting the right legal advice is crucial. At Attwaters Solicitors, we’ve been supporting leaseholders in Epping, Loughton, Waltham Abbey, and across the district for decades. Our expert team understands the lease extension process in Epping Forest and can help you get it right.

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