Richmond
Everything you need to extend your lease
Richmond upon Thames Lease Extension & Freehold Services
At extension.lease, we provide specialist lease extension valuations and freehold purchase advice across Richmond upon Thames. From riverside mansion blocks to post-war ex-local authority estates, we understand the nuances of the borough’s leasehold market and use that insight to deliver accurate, evidence-based valuations.
Areas We Cover in Richmond
Areas We Cover in Richmond
Richmond (TW9 / TW10) — Riverside & Period Stock
We work on lease extensions for flats in riverside mansion blocks such as The Gateways, Heron Court, and Old Deer Park Gardens, as well as modern apartments in Kew Riverside and Richmond Bridge Estate. Ex-local authority stock includes parts of the Queens Road Estate and Pagoda Avenue area.
Kew (TW9) — Leafy & Sought-After
In Kew, we handle flats in developments like Kew Riverside Apartments and Emerald Square, plus period conversions on Kew Green. Ex-local authority schemes include High Park Estate and North Road Estate.
Twickenham (TW1 / TW2) — Mixed Leasehold Stock
Our Twickenham work includes purpose-built flats in Twickenham House, Regency Court, and Twickenham Riverside, alongside ex-local authority estates like Heathfield Estate and Glebe Way Estate.
Teddington (TW11) — Riverside & Town Centre Flats
We carry out valuations for leaseholders in private blocks such as Thames Point, Bishops Court, and Church Road Court, as well as ex-local authority developments on Stanley Road Estate.
Hampton (TW12) — Smaller Leasehold Pockets
In Hampton, we handle smaller private developments like Hampton Court House Apartments and flats in converted period houses near Hampton Hill High Street, along with ex-local authority stock in Priory Road Estate.
Barnes (SW13) — Prime & Exclusive
Barnes lease extensions often involve period mansion blocks such as Riverview Gardens, Elm Bank Mansions, and riverside conversions along The Terrace. Leasehold flats here are premium assets, requiring precise valuation due to scarcity of comparables.
📞 020 7373 7373
Or request a free initial consultation for your Richmond upon Thames 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 Richmond Council or a private freeholder.
- Richmond 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 Richmond & London
We have a proven track record working with leaseholders in Richmond, 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 Richmond Leaseholders Choose extension.lease
- Local insight:We know exactly where leasehold flats are located in Richmond upon Thames.
- 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
Cedar House I Kew Gardens
TW9
Statutory Lease Extension
George Street I Richmond
TW9
Statutory Lease Extension
Riverside Lands I Ham
TW10
Freehold Valuation
Get Started with Your Lease Extension in Richmond
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.
