Video: lease extensions — FAQs for leaseholders and freeholders
In this video, Shital Mehta, senior solicitor in the residential conveyancing department at IBB Solicitors, answers the key questions often asked by leaseholders and freeholders.
Click on the link below to watch the IBB Solicitors video.
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A lease is the right to use the property for a period of time. As the lease gets shorter, the value of the lease decreases and it becomes more expensive to extend the lease.