Lease Extension

Lease extension valuations

AK Property Consultants specialise in providing lease extension valuations for clients with leasehold properties.

If you own a residential leasehold property in Dorset and are concerned by the length of lease remaining (this usually becomes a concern when considering selling the property) then you should be aware of the provisions under the Leasehold Reform Housing & Urban Act 1993 (as amended).

In particular if you have a lease approaching 80 years we would urge you to get in touch as there are financial impacts of allowing a residential lease go below 80 years.

This Leasehold Reform Housing & Urban Act 1993 provides qualifying leaseholders with an opportunity to extend your lease by an additional 90 years with only a peppercorn ground rent to pay.

To facilitate the statutory route you will need a lease extension valuation, which is where AK Property Consultants can help. We provide lease extension valuations for properties in Dorset including Poole, Bournemouth, Wimborne, Christchurch and the New Forest and can also deal with any related negotiations.

Equally, if you are a Freeholder and require a valuation following the request from a leaseholder to extend the lease we would be pleased to hear from you to provide you with a quotation.

We ensure the service we offer is timely often being able to inspect within 1 week of the instruction, in some instances sooner and generally can complete the report within 48 hours of the inspection.

Building Surveyor Christchurch Fee Scale

Agreed Value 1000's

Homebuyer Report

Full Building Survey

0-199,000 £495.00 £850.00
200-500,000 £595.00 £950.00
500-800,000 £675.00 £1250.00
801 - 1 million £850.00 £1,500.00
1 - 1.5 million £1,250.00 £2,500.00
1.5 million + POA POA

For properties of a higher value we would be pleased to provide a quotation.

AK Property Consultants is not VAT registered so there is no VAT to pay on the above prices.