Lease Extension Valuation Bournemouth
With AK Property Consultants, based in Bournemouth, being regulated by the RICS and Karl Charalambous being a Registered Valuer we are able to carry out a range of valuations for different circumstances including lease extension valuations in Bournemouth.
If you own a residential leasehold property in Bournemouth 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 Ltd can help. We can provide lease extension valuations for properties in Bournemouth and can also deal with any related negotiations.
We would be pleased to hear from you and to provide you with a competitive quotation.