Do I Need Lease Extension Solicitors?

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Do you need lease extension solicitors or can you
deal with negotiating to extend your lease
yourself? The answer is that its always best to
use the professionals.
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First, the law says you have a legal right to
obtain a lease extension for an extra period of
90 years at no ground rent. However, this is not
always appealing to the leaseholder. If theyve
appointed lease extension solicitors, you could
find yourself mired in delays and complicated
legal negotiations, which you cannot handle
without experience. A solicitor acting on your
behalf will stand up for your rights to ensure
you receive a good deal. Second, during the
process, youre required to make an offer of an
appropriate amount for the lease extension.
Unscrupulous freeholders will often make an
outrageously high counter-offer. Without good
legal advice, this may dissuade you from
negotiating further or worse, accept it, paying
well over the odds to resolve the matter.
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Lastly, good lease extension solicitors will
ensure you dont accept an informal offer thats
to your detriment in future. Theyll also make
sure the matter is resolved within a fair period
of time for your peace of mind.