AllArt Beer Of The Week Blog Business Charity Cocktail Recipes Community Competition Coronavirus Dannielle Emery Design Education Emma Smith Environment Events Family Fun Fashion Festival Finance Fitness Food & Drink Football Gardening Hair & Beauty Health & Beauty Health & Fitness Historicaleigh Kids Kids Blogs Kids Competitions Kids Reviews Legal Legal Eagle Leigh Folk Festival Leigh On Sea Leigh On Sea Finds Leigh on Sea Leigh on Sea Sounds London Melinda Giles Motherofalloutings Music MyLoS News Newsletter Offers Other Other Reviews Outfit Of The Week Parenting Picture Of The Week Press Release Professional Property Property Of The Week Ray Morgan Recipes Restaurant Restaurant Review Review Reviews Shopping Shows & Music Shows & Music Review Southend Southend Airport Southend Borough Council Press Release The Mortgage Mum Theatre Travel Village Green Weddings Whats On
Legal Eagle Q&A: 65 years left on the lease, what can i do?
Question: I have found a flat that I want to buy but there are only 65 years left on the lease. Is there anything that either I or the seller can do about this?
Answer: The seller has the right to request an extension to the lease, but if you buy it without the legal formalities transferring these rights to you then you will not be able to obtain the extension without a longer period of ownership. It is am important formality that I recommend is sorted out before you exchange contracts to buy.
This Q & A is by Melinda Giles at Giles Wilson Solicitors.