If you're a leaseholder in Romford wondering about extending your lease, we can help you understand the process, the likely costs, and why acting early matters. We provide practical, local support to help you make informed decisions about your lease extension.
Our lease extension guidance is designed for Romford leaseholders who want to understand their position before instructing solicitors or surveyors. Whether you're thinking ahead or your lease is already running short, we can help you get a clearer picture.
Many Romford leaseholders don't realise how much lease length affects their property's value and future costs until it's too late.
Costs can increase significantly once a lease drops below 80 years due to marriage value.
Every year you wait, the lease gets shorter and the extension gets more expensive.
Lenders often won't offer mortgages on leases below 70–80 years, reducing your buyer pool.
Many leaseholders don't know where to start or who to speak to about extending their lease.
In many lease extension cases, costs increase significantly once a lease drops below 80 years remaining. This is because additional valuation factors (known as marriage value) may apply. If your lease is close to or below 80 years, we recommend seeking advice early.
Our free lease extension calculator can give you an instant indicative estimate so you know where you stand.
Try the calculatorWe provide practical, non-statutory guidance to help Romford leaseholders understand their lease extension options before instructing professionals.
This guidance is non-statutory and does not replace formal valuation or legal advice from solicitors or surveyors.
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Get in touch for practical, local lease extension support in Romford. We're here to help you understand your options.