Islington
Everything you need to extend your lease
Islington Lease Extension & Freehold Services
At extension.lease, we provide specialist lease extension valuations and freehold purchase advice across the London Borough of Islington. From Georgian conversions in Barnsbury to modern canalside apartments in Angel, our valuations are grounded in genuine local knowledge and backed by real comparable evidence.
Areas We Cover in Islington
Areas We Cover in Islington
Angel (N1) — Canalside & Modern Developments
We handle lease extensions for apartments in Canal Building on Shepherdess Walk, The Angel Southside on Goswell Road, and The Wenlock Building. Ex-local authority estates include Graham Street Estate and parts of the Packington Estate, both with strong rental appeal.
Barnsbury (N1) — Georgian Conversions & Mansion Blocks
In Barnsbury, we work on flats within period conversions along Barnsbury Square and Cloudesley Road, as well as mansion blocks such as Highbury Mansions. Ex-local authority stock includes the Barnsbury Estate and Priory Heights.
Highbury (N5) — Victorian Conversions & Ex-Council Blocks
Highbury lease extensions include period flats along Highbury Fields and Highbury New Park, plus apartments in private blocks like Highbury Court. Ex-local authority estates such as the Highbury Quadrant Estate also form part of our caseload.
Clerkenwell (EC1) — Warehouse Conversions & Modern Apartments
Our Clerkenwell work covers warehouse conversions like Clerkenwell Workshops and Brewhouse Yard Apartments, as well as contemporary developments such as The Ziggurat Building. Ex-local authority examples include Percival Street Estate.
Finsbury Park (N4) — Mixed Leasehold Stock
In Finsbury Park, we act on lease extensions for flats in mansion blocks along Stroud Green Road, modern apartments in Woodberry Down (southern edge in Islington borough), and ex-local authority stock on the Andover Estate.
📞 020 7373 7373
Or request a free initial consultation for your Islington lease extension or freehold purchase.
What’s Involved in the Lease Extension Process?
The lease extension process involves several stages. We handle everything so you can relax while we take care of the details.
Stage 1: Valuation and Preparation
Our expert team at Blakes Chartered Surveyors will assess your property, taking into account comparable properties and your lease details to calculate the premium for your lease extension.
Stage 2: Notice and Negotiation
Once we have a clear idea of the extension premium, we’ll serve the Section 42 Notice to your freeholder, officially starting the process. Arcadia Law will manage the service of this notice and any legal correspondence. If necessary, Blakes Chartered Surveyors will negotiate with your freeholder to secure a fair price.
Stage 3: Conveyancing and Completion
Once the terms are agreed, Arcadia Law will handle all the legal paperwork and ensure your lease extension is registered with the Land Registry. You’ll then have peace of mind knowing your lease has been extended by 90 years, and the ground rent has been removed.
How the Statutory Lease Extension Process Works
How Much Does a Lease Extension Cost?
The cost of extending your lease depends on several factors, including whether your property is under the ownership of Islington Council or a private freeholder.
- Islington Council properties tend to have lower costs, as they generally have long leases (125 years) with minimal ground rents (e.g., £10 per year).
- Private freeholders may require a higher premium, especially if your lease has under 80 years remaining or you are paying rising ground rent.
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.
Lease Extension Calculator
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.
Extensive Experience Across Islington
We have a proven track record working with leaseholders in Islington, 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
Why Islington Leaseholders Choose extension.lease
- Local insight:We name the actual blocks and estates where leasehold flats are located.
- Evidence-led valuations:Comparable sales, relativity, and market nuance clearly presented.
- End-to-end support:Valuation by Blakes Chartered Surveyors; notices and conveyancing by Arcadia Law.
- Transparent fees:Fixed-fee quotes, no surprises.
Recent Cases We've Handled in This Area
Everything you need to extend your lease
Bartholomew Court I Shoreditch
EC1V
Statutory Lease Extension
Clayton Court I Kings Cross
N1
Statutory Lease Extension
Coltash Court I Old Street
EC1Y
Statutory Lease Extension
Get Started with Your Lease Extension in Islington
Take the first step towards extending your lease with confidence. Book a call today with our expert team or get in touch to learn more about how we can help you.
Frequently Asked Questions
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:
- The value of your property with a long lease.
- The number of years remaining on your current lease.
- The amount of ground rent you pay and how it increases over time.
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.
