Are you a flat owner affected by a short lease? At Peppercorn Law, a Sussex-based specialist law firm, we make the process of extending your lease clear and straightforward, operating on a fixed fee basis.
Your Right to a Longer Lease and Nil Ground Rent
A statutory lease extension, initiated by serving a Section 42 notice on your freeholder, is your legal right. This process allows you to add 90 years to your existing lease term. Furthermore, it replaces your current ground rent with a peppercorn rent, which effectively means you pay nothing in future years; this is particularly useful if the ground rent is due to increase or is already at a high level.
Our end-to-end fee for handling your lease extension is fixed at £1,450 (no VAT). This transparent fee includes everything to get you to completion.
This formal route offers significant advantages over informal negotiations. Crucially, your freeholder cannot deny your right to a lease extension and the timeline is fixed. This prevents drawn-out discussions and safeguards you from potentially unfavourable changes to your lease terms that might arise during informal talks.
Why Choose a Sussex-Based Specialist for Your Lease Extension?
Leasehold law can be complex, and entrusting your lease extension to a specialist ensures a smoother process. At Peppercorn Law, our focus is solely on leasehold matters. Our specialist leasehold solicitor, Ricky Coleman, who founded Peppercorn Law, brings over 9 years of experience advising leaseholders, freeholders, and residents’ management companies in Brighton and beyond.
We pride ourselves on providing a personal service from our Sussex base. You will have a single point of contact throughout your case, ensuring clear communication and avoiding the frustration of dealing with multiple individuals. Your case will be handled directly by a specialist, not delegated to a team of paralegals.
Our Fixed Fee Service: Clarity and Control
From our Sussex offices, we handle the key steps of the section 42 process, guiding you every step of the way:
- Preparing the Section 42 notice: Ensuring this crucial initial step is right at the first time of asking.
- Reviewing your legal title and lease: Identifying any potential issues and advising you accordingly.
- Negotiating your new lease terms: We will robustly represent your interests, ensuring you receive the terms you are entitled to and rejecting any onerous clauses.
- Completing and registering the new lease: Handling all the final legalities, from pre-completion checks to registration with the Land Registry.
While our fixed fee covers all our legal work to completion, it’s important to note that you will also need to budget for the lease premium payable to the freeholder, your valuation surveyor’s fees, and the freeholder’s reasonable costs. We provide a comprehensive guide to the process at www.peppercornlaw.co.uk
Ready to explore extending your lease with a trusted Sussex-based firm? Get in touch with the specialists at Peppercorn Law today for clear, expert guidance – info@peppercornlaw.co.uk