Leasehold Extension Desktop Valuation (Extend Your Lease)
What and Why?
This is a comprehensive desktop valuation and detailed report that does not require a full inspection of your property.The report will contain three different valuations: the likely settlement premium; the offer or counter-offer we anticipate your Freeholder will make; the figure we recommend accompany an opening offer in either formal or informal negotiations.
We can usually gather all the information we need by access to a number of databases, made available to property professionals. All we require from you are ground rent details and the date of the lease. Desktop valuations are recommended for properties valued up to £500,000 or if the leases generally exceed 80 years and local transactional evidence exists that can support the valuation. For properties located in Prime Central London or properties of higher value or properties with a shorter lease, we may recommend a full inspection valuation. Call us today to discuss your situation.