Leasehold Extension Rules England
Summary
Leaseholders in England can extend their lease by 50 years if theyve owned the property for at least two years, usually requiring a premium payment to the freeholder. A formal notice must be served to initiate the process. If you believe no premium is needed, consult a solicitor to review any specific agreements or exceptions.Full Conversation
No premium is payable
It seems like there might be a misunderstanding. Generally, when extending a leasehold house lease in England, a premium is payable to the freeholder. If you believe no premium is needed, you may want to consult a solicitor to review any specific agreements or exceptions that apply to your situation. Would you like help finding legal advice or more information on the process?
Wrong. There is no premium
It sounds like there might be some confusion or specific circumstances involved in your situation. Generally, a premium is payable when extending a lease in England. However, exceptions might exist depending on your lease agreement or specific legal arrangements. Consulting a solicitor could provide clarity. Would you like assistance in finding a solicitor?