Lease Extension Calculator
Lease Extension Calculator
To find out the approximate cost of your lease extension, enter your information into our helpful lease extension calculator tool below.
Naturally, one of the most common questions leaseholders want to know before heading into the lease extension process is, ‘How Much will my Lease Extension Cost?’.
Use this tool to estimate the price of your lease extension. For a more accurate and bespoke figure, contact us for a free, no-obligation quote.
Please note: This calculator is for guide purposes only, is not the considered opinion of a Chartered Surveyor and the information provided should not be used in tribunal or court proceedings.
One of our team will be happy to talk you through the process today.
How is the lease extension cost calculated?
The premium of your lease extension is determined under Schedule 13, Part II of the Leasehold Reform, Housing and Urban Development Act 1993. It will be the total of:
- The reduction in the value of the landlord’s interest in the flat
- The landlord’s share of the marriage value
- Compensation for any losses the landlord suffers due to the new lease being granted, such as loss of ground rent or the loss incurred due to the extra 90 years they will have to wait for ownership to transfer back to them at the end of the lease (reversion).
To estimate this cost, our online lease calculator tool assesses the property’s market value, the years left on the lease and the annual ground rent.
Please note that the figure provided by our calculator is for estimation purposes only. This calculation is not a substitute for a professional valuation as it does not account for all variables or lease irregularities.
When you work with The Lease Extension Company, our service will include a valuation from an experienced surveyor to give you the most accurate report.
In addition to paying the premium to extend your lease, you must also pay the following fees:
- The cost of hiring legal advice
- The lease extension valuation report
- Your freeholder’s legal and valuation costs
- Land Registry fees
Our lease extension service links you with experienced legal teams and surveyors and ensures that all expenses, from instruction to completion, are factored into one fixed-fee payment. Therefore, you won’t have to worry about these extra costs accumulating.
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What Our Clients Say
"Thank you so much for your help. You made what at first appeared like a big daunting and expensive task, simple, easy to understand and almost fun!"
Jackie and Phil - Southampton
"Thank you for helping with our freehold. Everyone has been very helpful and friendly even our surveyor and lawyer were very friendly and got things done quickly."
Kevin - Bournemouth
"Thank you for all your effort in helping us extending the lease. I sincerely believe you saved us a lot of time and money. Please can you offer the same service for buying a house?!"
Mark - Manchester
"Tabitha thank you and your team for all your advice and help it was much appreciated. We can’t thank you all enough for making sense of our position and helping us find the solution. We couldn’t recommend the LEC more highly."
Sandra and Tom - Leeds
Buying or Selling Your Property?
A property with a low lease shouldn’t put you off buying it or selling it. Give one of our team of lease enfranchisement solicitors and surveyors a call today to explain how you can start the process to protect and maximise the value of your property.
Strength In Numbers
If your neighbour and you share the same freeholder, extending your lease together gives you the best chance of negotiating the lowest possible premium and can bring the costs by up to 50%.
Our lease extension work together with the other leaseholders in the block, securing a group application and coordinating and managing this group at no extra cost.
For a FREE, no-obligation lease extension consultation
Get A Quote
Hello. Wondering if you qualify for a lease extension? We’d love to hear from you.
To get your free copy of 'How To Extend Your Leasehold – The LEC Guide' and apply for a FREE, no obligation lease extension quotation inclusive of the leading specialist surveyors and solicitors costs in one money saving fixed fee. Simply fill out our contact form, send us an e-mail or call us free: