Everything you need to extend your lease

Extension.Lease delivers specialist lease extension valuation advice throughout the London Borough of Barnet, alongside expert guidance on freehold acquisition and collective enfranchisement. We act across High Barnet, Finchley, Hendon, Golders Green, Mill Hill, Colindale, Edgware, Totteridge, Whetstone and Friern Barnet, advising leaseholders in everything from Edwardian mansion flats and converted period properties to large-scale purpose-built developments and former council estates where many leases were first granted during the 1980s Right to Buy programme.
Across Barnet, a significant proportion of leasehold flats originate from 1950s–1970s local authority construction, with 99- and 125-year leases commonly issued in the 1980s. We regularly advise on properties within estates such as the Grahame Park Estate in Colindale; the Stonegrove and Spur Road estates in Edgware; the West Hendon Estate and surrounding Hendon Waterside regeneration area; the Strawberry Vale Estate in East Finchley; the Granville Road Estate in Finchley; the Dollis Valley Estate in High Barnet; the Brunswick Park Estate in Friern Barnet; the Watling Estate (Barnet section); the Prospect Ring and Raydean Road blocks in Mill Hill; the Lyttelton Estate near Hampstead Garden Suburb; and the Flower Lane and Colney Hatch Lane estates. Many of these developments are now approaching, or have passed, the 80-year unexpired lease threshold at which marriage value becomes payable under statute.
Valuing lease extensions in Barnet requires careful differentiation between prime enclaves such as Totteridge and Hampstead Garden Suburb, commuter-driven markets in Mill Hill and Whetstone, regeneration-influenced stock in Colindale and West Hendon, and traditional suburban estate housing across Finchley and Edgware. Our approach involves rigorous examination of lease term, ground rent structure, relativity, deferment rate and marriage value to ensure premiums are assessed accurately under the Leasehold Reform, Housing and Urban Development Act 1993.
We prepare detailed Section 42 valuation reports, develop premium negotiation strategies and provide tribunal-ready expert evidence where required, acting against private freeholders, institutional landlords, housing associations and the London Borough of Barnet. Each instruction is supported by current and carefully analysed comparable evidence drawn from across the borough’s varied sub-markets, ensuring premiums are technically robust, commercially realistic and fully defensible in negotiation or Tribunal proceedings.
We handle lease extensions for flats in Kingsway Court, Beechwood Court, and Greenway Court, as well as ex-local authority stock in the East Finchley Estate and West Finchley Estate.
In Golders Green, we act on lease extensions for mansion blocks such as Green Court, Gresham Court, and Dunstan Court, alongside ex-local authority flats in the Childs Hill Estate.
Hendon lease extensions include apartments in The Hyde Court, Sentinel House, and ex-local authority blocks in the Grahame Park Estate and Watling Estate.
Our Colindale work covers modern developments such as Beaufort Park, Colindale Gardens, and Pulse Apartments, as well as ex-local authority stock in the Colindale Estate.
In Edgware, we handle lease extensions for flats in Parkside Court, Riverdene Court, and ex-local authority blocks in the Burnt Oak Estate and Edgware Estate.
Mill Hill lease extensions include flats in Millway Court, Lawrence Court, and conversions along Hale Lane, as well as ex-local authority stock in the Holders Hill Estate.
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The cost of extending your lease depends on several factors, including whether your property is under the ownership of Tower Hamlets Council or a private freeholder.
In addition to the premium and the landlords recoverable costs, you’ll also need to budget for our fixed professional fee of £2,750 + VAT*, which includes all valuation, negotiation, and legal work. This fee is split into two equal instalments, making the payment process straightforward and manageable.
Contact us for a free all inclusive estimate of the total cost of your lease extension, without obligation.
Extending your lease is one of the most important steps you can take to protect your property’s value and mortgageability. If your lease is under 100 years or has a high ground rent, its value may already be affected. Once it falls below 80 years, the cost of extending increases significantly due to marriage value.
Our free, instant Lease Extension Calculator gives you an instant estimate of the premium payable under the Leasehold Reform, Housing and Urban Development Act 1993. It’s a quick, useful guide for leaseholders wanting to understand the likely cost of extending their lease before taking formal advice.
We have a proven track record working with leaseholders in Barnet, including properties under the ownership of the local authority and private freeholders. Whether you live in a purpose-built flat, a converted property, or a large housing development, we’ve handled it all
Everything you need to extend your lease









A statutory lease extension is a legal right that allows leaseholders to extend their lease by 90 years and remove any ground rent. This right is granted under the Leasehold Reform Housing and Urban Development Act 1993, and it applies to almost all leaseholders in the UK, whether your property is owned by a local authority or a private landlord.
The entire lease extension process typically takes between 6 to 12 months. This includes the valuation, notice serving, negotiations with the freeholder, and legal work to register the new lease. However, the exact time can vary depending on factors like the complexity of negotiations or if any issues arise with the property documents.
The premium is the price you pay to extend your lease. It depends on several factors:
Our surveyors will carry out a valuation to calculate a fair premium for your lease extension and negotiate where required to ensure you do not overpay.
If your lease has less than 80 years left, the cost of your lease extension will usually be higher. This is because properties with shorter leases are considered less valuable, and the cost to extend is affected by something called the marriage value, which is the increase in the property's value once the lease is extended. To avoid higher costs, it’s often best to act before your lease drops below 80 years.
Yes, your freeholder may charge fees for their involvement in the lease extension process. These fees typically cover the cost of legal work, including the drafting and registration of the new lease. While these fees are usually similar to the costs you incur, they can sometimes be higher depending on the freeholder's approach.