Leasehold Extension Full Inspection Valuation (Extend Your Lease)
What and Why?
This is a thorough valuation and comprehensive report based on our findings of a full site inspection of your property, which will include the Gross Internal Area and a description of particular property features. We will accurately measure the size of your flat and determine its market value based on its unimproved state (improvements are to be disregarded according to the legislation). All we require are ground rent details, the date of the lease and a brief property inspection.
Similar to the Desktop Valuation, 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. Our recommendation is for a full inspection valuation in cases where we’re acting on behalf of Freeholders who have to respond to a Notice of Claim, for properties of higher value, properties located in prime Central London and for properties with short leases. We invite you to call today to schedule a free initial consultation to discuss your situation.