Generated by Rank Math SEO, this is an llms.txt file designed to help LLMs better understand and index this website. # The Lease Extension Company ## Sitemaps [XML Sitemap](https://theleaseextensioncompany.com/sitemap_index.xml): Includes all crawlable and indexable pages. ## Posts - [Share of Freehold Lease Extensions: How to Extend Your Lease](https://theleaseextensioncompany.com/extending-your-share-of-freehold-lease-extension/): If you own a flat with a share of freehold, here's the good news: extending your lease is usually simpler, quicker and considerably cheaper than it is for leaseholders with an external freeholder. In most cases there's no premium to pay at all. It still needs to be done properly, with the right documents and the right registration, but with a little preparation it is one of the most straightforward pieces of property admin you'll ever do. This guide explains what share of freehold means for your lease, why extending is such good value for share of freeholders, and exactly how the process works, step by step. - [Leasehold Reform: The Latest News and What It Means for You](https://theleaseextensioncompany.com/leasehold-reform/): Last updated: 20 July 2026. This page is reviewed and updated as the legislation develops. - [Is Stamp Duty Payable On A Lease Extension?](https://theleaseextensioncompany.com/is-stamp-duty-payable-on-a-lease-extension/): In most instances for most residential lease extensions with a premium of less than £40,000, stamp duty, or SDLT, is not applicable. - [How and When Do You Pay For A Lease Extension?](https://theleaseextensioncompany.com/how-and-when-do-you-pay-for-a-lease-extension/): At the LEC, we are here to make your lease extension as straight forward as possible. We offer you a single, fixed fee that covers the costs of our dedicated team of specialist solicitors and surveyors. Everything is taken care of, from instruction to the final title registration with the HM Land Registry, so you don’t need to worry, using the country's leading specialists in lease extensions. - [Assigning the Benefit of a Lease Extension from Seller to Buyer](https://theleaseextensioncompany.com/assigning-the-benefit-of-a-section-42-notice-when-selling/): If you wish to start a lease extension on your property that you are selling to enable the buyer to complete the lease extension, this is possible via a legal mechanism known as assigning the benefit of a Section 42 Notice. - [What is a Valuation for a Lease Extension?](https://theleaseextensioncompany.com/what-is-a-valuation-for-a-lease-extension/): If you own a leasehold property and your lease term is running down, extending it can be one of the smartest financial decisions you’ll make. - [Why Dropping Below 80 Years Can Cost You Thousands More](https://theleaseextensioncompany.com/why-your-lease-dropping-below-80-years-can-cost-you-thousands/): If you’ve heard people say, “Make sure you extend your lease before it hits 80 years,” they’re absolutely right. The 80-year mark is one of the most significant thresholds in leasehold property law — and crossing it can dramatically increase the cost of your lease extension. - [What Is The 1993 Act?](https://theleaseextensioncompany.com/what-is-the-1993-act/): If you’re a leaseholder in the UK considering extending your lease, then you might hear about the 1993 Act — short for the Leasehold Reform, Housing and Urban Development Act 1993. - [What is a Section 42 Notice?](https://theleaseextensioncompany.com/what-is-a-section-42-notice/): If you’re a leaseholder in the UK looking to extend your lease, you’ll quickly come across the term Section 42 Notice. It’s one of the most important documents in the statutory lease extension process, and ensuring it is drafted and served correctly will determine if your lease extension is successful. - [Lease Extensions and Remortgaging](https://theleaseextensioncompany.com/lease-extensions-and-remortgaging/): Lease extensions can be costly procedures to pay for out of pocket, but they are well worth the investment. - [Lease Extensions: Accepting an Informal Offer](https://theleaseextensioncompany.com/lease-extensions-accepting-an-informal-offer/): At The Lease Extension Company, we often advocate for you to take the statutory legal route to your lease extension. However, the alternative path is an informal offer, agreed directly between the leaseholder and freeholder.  - [Lease Extensions and Ground Rent Increases: What You Need to Know](https://theleaseextensioncompany.com/lease-extensions-and-ground-rent-increases-what-you-need-to-know/): In 2022, the government introduced legislation to abolish ever-increasing and exploitative ground rents on any new leases or extensions to existing leases. While this is an excellent change, The Leasehold Reform (Ground Rent) Act 2022 only applies to leases established or extended after June 2022. - [The Advantages of a Lease Extension for Leaseholders](https://theleaseextensioncompany.com/the-advantages-of-a-lease-extension-for-leaseholders/): Before signing and committing to any agreement, especially one you're devoting a substantial amount of money, you should know exactly what it will offer you. - [What is a Leasehold Property?](https://theleaseextensioncompany.com/what-is-a-leasehold-property/): So you've found your dream home, only to find that it comes with a leasehold agreement? - [The History of Leaseholds and Property Ownership in the UK](https://theleaseextensioncompany.com/the-history-of-leaseholds-and-property-ownership-in-the-uk/): The origins of freehold and leasehold property ownership in the UK date way back to the Middle Ages. Many would argue that modern property laws still contain traces of the original Medieval system hundreds of years later. - [Buying or Selling a Leasehold Property: What You Should Know](https://theleaseextensioncompany.com/buying-or-selling-a-leasehold-property-what-you-should-know/): Have you found your dream home but are put off by the mention of a leasehold? Or are you hoping to sell your property and are concerned that your lease will deter potential buyers? - [What Changes are the Government Making to the Lease Extension Process?](https://theleaseextensioncompany.com/what-changes-are-the-government-making-to-the-lease-extension-process/): On 30 June 2022, the Leasehold Reform (Ground Rent) Act 2022 went into effect, representing the first phase of the Government's plan to improve the leasehold system. - [How much value will extending my lease add to my property?](https://theleaseextensioncompany.com/how-much-value-will-extending-my-lease-add-to-my-property/): Lease extensions can be long, expensive and complicated ordeals. At the LEC, we use premium surveyors and solicitors to simplify this process for the leaseholder and get the best deal possible. ## Pages - [Lease Extension Surveyors](https://theleaseextensioncompany.com/lease-extension-surveyors/): Every successful statutory lease extension starts with a specialist valuation, and the expertise and experience of the surveyor behind it ultimately will have a direct impact on the premium you pay your freeholder. At The Lease Extension Company, our carefully handpicked panel of the country’s leading RICS lease extension specialist Chartered Surveyors work hand in hand with our specialist Partner-Level Solicitors within our of one complete, money-saving fixed-fee service. From your initial valuation to the registration of your new lease, we oversee every stage for you, anywhere in the UK. - [Brighton Lease Extensions](https://theleaseextensioncompany.com/key-city-lease-extensions/brighton-lease-extensions/): Brighton is one of the UK’s most popular coastal cities, known for its vibrant seafront, independent businesses, historic architecture and thriving cultural scene. From Regency townhouses overlooking the sea to modern apartment developments in the city centre, Brighton offers a diverse range of leasehold properties. - [Southampton Lease Extensions](https://theleaseextensioncompany.com/key-city-lease-extensions/southampton-lease-extensions/): Southampton is one of the South Coast’s largest cities and an important maritime hub. Famous for its cruise terminals, historic waterfront and growing economy, Southampton attracts professionals, students and families alike. - [The Lease Extension Company Reviews](https://theleaseextensioncompany.com/what-we-do/the-lease-extension-company-reviews/): In the world of lease extensions, experience is your greatest safeguard. Established in 2017, The Lease Extension Company has spent nearly a decade at the forefront of the industry. This longevity has allowed us to build an unrivalled database of valuation results and a professional reputation that freeholders respect—an authority that, most importantly, translates into outstanding results for our clients. - [Feefo Reviews](https://theleaseextensioncompany.com/how-we-help/feefo-reviews/): We offer a one-stop bespoke service working with specialist solicitors and surveyors for a money-saving fixed fee. You can relax, safe in the knowledge we will oversee the whole process, for you. - [Cookie Policy](https://theleaseextensioncompany.com/cookie-policy/): For a FREE, no-obligation quotation to calculate your lease renewal: - [Leeds Lease Extensions](https://theleaseextensioncompany.com/key-city-lease-extensions/leeds-lease-extensions/): The historic city of Leeds is the largest in Yorkshire. Records of Leeds can be traced back to 730 AD when it was a forested area known as ‘Loidis’. It's a welcoming, culturally vibrant metropolis, with nearly 22% of its total land area covered by lush green space for residents to relax and enjoy. - [Liverpool Lease Extensions](https://theleaseextensioncompany.com/key-city-lease-extensions/liverpool-lease-extensions/): More than 1,200 leasehold properties changed hands in Liverpool over the past year, a third of all property sales in the city and well above the England average of around 20%. What stands out is the mix: around 720 of those were flats, but nearly 500 were leasehold houses, reflecting Liverpool's long tradition of selling terraced and semi-detached homes on long leases with ground rents. Leasehold flats sold for an average of around £161,000 (median £147,500), and the busiest areas for leasehold sales were L3 (the waterfront and city core), L17 (Aigburth), L1 (city centre) and L8 (Toxteth and Dingle). - [Croydon Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/croydon-lease-extensions/): The borough of Croydon is an ambitious financial, business and retail area in London with humble Medieval roots. The site appears in The Domesday Book of 1086 as ‘Croindene’, a small market town with a recorded population of only around 365 inhabitants. - [Wolverhampton Lease Extensions](https://theleaseextensioncompany.com/key-city-lease-extensions/wolverhampton-lease-extensions/): Lying northwest of its larger neighbour, Birmingham, is the city of Wolverhampton. Its name, harking back to the Anglo-Saxon era as 'Wulfrūnehēantūn,' is a tribute to the Mercian noblewoman 'Wulfrun' who owned land here in 985. To honour her, a statue of Lady Wulfrun graces the steps of St. Peter's Church. - [Manchester Lease Extensions](https://theleaseextensioncompany.com/key-city-lease-extensions/manchester-lease-extensions/): More than 1,920 leasehold properties changed hands in Manchester over the past year, slightly more than half of all property sales in the city. That makes Manchester one of the most leasehold-intensive cities in England, well above the national average of around 20%, and the North West has the highest proportion of leasehold homes of any English region. Leasehold flats sold for an average of around £226,000 (median £210,000), and the busiest areas for leasehold sales were M4 (Ancoats and the Northern Quarter), M20 (Didsbury), M15 (Hulme and Castlefield) and M1 (city centre). - [Reading Lease Extensions](https://theleaseextensioncompany.com/key-city-lease-extensions/reading-lease-extensions/): More than 570 leasehold properties changed hands in Reading over the past year, a third of all property sales in the town and above the England average of around 20%. Leasehold flats sold for an average of around £226,000 (median £222,500), and the busiest areas for leasehold sales were RG1 (the town centre), RG2 (Whitley and Reading south), RG30 (West Reading and Tilehurst) and RG6 (Earley and Lower Earley). - [Sheffield Lease Extensions](https://theleaseextensioncompany.com/key-city-lease-extensions/sheffield-lease-extensions/): Sheffield is often referred to as the ‘Steel City’ due to its heavy steel production in the 19th Century. This industrial city is also famed for its iconic music scene, excellent theatre complex and the oldest football stadium in the world! - [Birmingham Lease Extensions](https://theleaseextensioncompany.com/key-city-lease-extensions/birmingham-lease-extensions/): More than 1,390 leasehold properties changed hands in Birmingham over the past year, around one in five of all property sales in the city. The West Midlands has one of the lowest leasehold rates in England (roughly 10% of homes, against 20% nationally), so Birmingham accounts for a large share of the region's leasehold market and local generalist solicitors see far fewer lease extensions than you might expect. - [Slough Lease Extensions](https://theleaseextensioncompany.com/key-city-lease-extensions/slough-lease-extensions/): Almost 200 leasehold properties changed hands in Slough over the past year, close to three in ten of all property sales in the town and above the England average of around 20%. Leasehold flats sold for an average of around £221,000 (median £220,000), and leasehold activity was heavily concentrated in SL1 covering central Slough and the Bath Road corridor, which accounted for more than half of all leasehold sales, followed by SL3 (Langley) and SL2 (Farnham Royal side). - [City of London Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/city-of-london-lease-extensions/): The City of London, widely referred to simply as ‘the City’ or the ‘Square Mile’, is known as the financial hub of London. It is not categorised as a London Borough but as a county and a government district. - [Key City Lease Extensions](https://theleaseextensioncompany.com/key-city-lease-extensions/): Extending a lease is a crucial undertaking for leaseholders nationwide. Rely on our comprehensive location guides for details on local regulations, freeholders and procedures in key areas across the UK. - [Poole Lease Extensions](https://theleaseextensioncompany.com/key-city-lease-extensions/poole-lease-extensions/): Closely linked to Dorset and the UNESCO World Heritage Jurassic Coast, the seaside town of Poole has a high degree of tourism and a large residential population. It’s also home to the second largest natural harbour in the world, rivalled only by the iconic Sydney Harbour in Australia. - [Wandsworth Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/wandsworth-lease-extensions/): The London Borough of Wandsworth is one of the largest in inner London, covering more than 3,200 acres, offering a balance of urban living and idyllic escapism. - [Sutton Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/sutton-lease-extensions/): In the 1800s, Sutton was nothing more than a few rural villages and farmland until the railway arrived, bringing employment, housing and opportunities. Despite its urbanisation, the area still maintains a humble feel. Conservation efforts have taken place to preserve Sutton’s rural charm and tranquil nature. - [Hillingdon Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/hillingdon-lease-extensions/): Hillingdon sits on the western outskirts of London, but despite its distance from the metropolitan area, it has excellent transport links and is home to the renowned Heathrow Airport. According to Heathrow’s website, the airport served 19.4 million passengers in 2021. That’s an astonishing average of 128,178 travellers entering or exiting the borough per day! - [Lambeth Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/lambeth-lease-extensions/): More than 1,740 leasehold properties changed hands in Lambeth over the past year, almost three in four of all property sales in the borough. That is one of the highest leasehold rates anywhere in the country (the England average is around 20%), reflecting Lambeth's flat-dominated housing stock. Leasehold flats sold for an average of around £500,000 (median £465,000), and the busiest areas for leasehold sales were SW2 (Brixton Hill and Streatham Hill), SW16 (Streatham), SW4 (Clapham) and SW9 (Brixton and Stockwell). - [Kensington and Chelsea Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/kensington-and-chelsea-lease-extensions/): Almost 1,100 leasehold properties changed hands in Kensington and Chelsea over the past year, close to nine in ten of all property sales in the borough. That is the highest leasehold rate of any area we have analysed and far above the England average of around 20%, reflecting a housing stock dominated by mansion blocks and period conversions. Leasehold flats sold for an average of around £1,608,000, though the median was £940,000, showing how the prime market at the top end pulls the average well above what a typical flat sells for. The busiest areas for leasehold sales were SW10 (West Brompton and World's End), SW5 (Earl's Court), W8 (Kensington) and SW3 (Chelsea and Brompton). - [Bournemouth Lease Extensions](https://theleaseextensioncompany.com/key-city-lease-extensions/bournemouth-lease-extensions/): Until 1810, Bournemouth was a heathland. By 1812, efforts began to transform it into a health resort that could utilise the area's natural beauty. Soon, it became a leading holiday destination for middle-class Victorians looking to escape the suffocating smog of the city. - [In The Press](https://theleaseextensioncompany.com/who-we-are/in-the-press/): We work very closely with lots of media partners to provide information about lease extensions and the general property market and all things relating to property. Please find links to articles featuring The Lease Extension Company. - [London Boroughs Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/): At The Lease Extension Company, we work across the London Boroughs, combining legal proficiency and local insight to provide smooth and efficient lease extensions. - [Waltham Forest Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/waltham-forest-lease-extensions/): As the name suggests, the London Borough of Waltham Forest was once a heavily wooded area. It once featured a hunting lodge favoured by the Tudor Queen Elizabeth I in the 1500s! Today, it is still home to London’s most extensive wood – the ancient Epping Forest. - [Tower Hamlets Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/tower-hamlets-lease-extensions/): The East End Borough of Tower Hamlets came into its own during the 1070s when William the Conqueror built an almighty tower at the centre of his London fortress – the Tower of London. The surrounding communities hence became known as the ‘Tower Hamlets’. - [Southwark Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/southwark-lease-extensions/): Southwark is home to some of London’s best riverside attractions, including the Tate Modern, The Shard and Shakespeare's Globe Theatre. Moving beyond the busy tourist hot spots, you will find vibrant residential areas such as Peckham and Deptford. - [Richmond upon Thames Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/richmond-upon-thames-lease-extensions/): Richmond upon Thames is a picturesque borough of London whose beauty became the subject matter for many artistic and literary figures in the 18th and 19th centuries. - [Redbridge Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/redbridge-lease-extensions/): The London Borough of Redbridge is a predominantly residential area located on the fringes of London. Although it’s just outside the hustle and bustle of the city, locals are very well connected and can find themselves in central London in approximately 20 minutes. - [Newham Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/newham-lease-extensions/): The Newham area was once simply known as 'Ham'. It is first registered as 'Hamme' in an Anglo-Saxon charter of 958 and again in the 1086 Domesday Book as ‘Hame’. The boundaries of the original settlement were formed by the rivers Lea, Thames, Roding and their marshes. - [Merton Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/merton-lease-extensions/): Perhaps best known for hosting the annual Wimbledon Tennis Championships, the borough of Merton is a peaceful, leafy green area on the South-West outskirts of London. - [Kingston Upon Thames Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/kingston-upon-thames-lease-extensions/): The Royal Borough of Kingston upon Thames resides on the river's south bank and has a fascinating history, especially regarding the Monarchy. - [Hounslow Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/hounslow-lease-extensions/): Hounslow is known for its proximity to Heathrow Airport and is often labelled London's international gateway. - [Havering Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/havering-lease-extensions/): Havering, located on the edge of the London metropolitan area and rural Essex countryside, is the easternmost borough in the city. - [Harrow Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/harrow-lease-extensions/): The quiet, outer London borough of Harrow is known for excellent education facilities, historical architecture and being the second safest borough in the city. - [Haringey Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/haringey-lease-extensions/): The London Borough of Haringey is a primarily residential area, defined by its multicultural flair and expanses of green space, including Finsbury Park, Highgate Wood and Queen’s Wood. - [Hammersmith and Fulham Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/hammersmith-and-fulham-lease-extensions/): More than 1,150 leasehold properties changed hands in Hammersmith and Fulham over the past year, around five in six of all property sales in the borough and one of the highest leasehold rates in the country (the England average is around 20%). Leasehold flats sold for an average of around £693,000 (median £550,000), and the busiest areas for leasehold sales were SW6 (Fulham and Parsons Green), W6 (Hammersmith and Brook Green), W14 (West Kensington) and W12 (Shepherd's Bush). - [Hackney Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/hackney-lease-extensions/): More than 1,250 leasehold properties changed hands in Hackney over the past year, more than four in five of all property sales in the borough and one of the highest leasehold rates in the country (the England average is around 20%). Leasehold flats sold for an average of around £563,000 (median £525,000), and the busiest areas for leasehold sales were E8 (Dalston and London Fields), N16 (Stoke Newington and Stamford Hill), E5 (Clapton) and N1 (Hoxton and De Beauvoir Town). - [The City of Westminster Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/the-city-of-westminster-lease-extensions/): On the north bank of the River Thames lies The City of Westminster, which has the unique status of being both a city and borough in London. Westminster is best known for its political and economic importance. It has been the home of England’s Government since 1200 and the United Kingdom since 1707. - [Chelmsford Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/chelmsford-lease-extensions/): Did you know that Chelmsford was only recently granted its city status in 2012 to mark the Queen’s Diamond Jubilee? Before this, it was a historic market town with roots in the medieval period. - [Greenwich Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/greenwich-lease-extensions/): Thanks to its cobbled streets and charming independent shops, The Royal Borough of Greenwich has a distinctly rural feel. However, set against the backdrop of Canary Wharf's soaring high-rise buildings and the Thames River, it retains a solid urban character. - [Enfield Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/enfield-lease-extensions/): London's northernmost borough is Enfield, located just above Charing Cross. - [Ealing Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/ealing-lease-extensions/): Historical records suggest that a settlement in Ealing has existed for over 7,000 years, with its origins tracing back to a small dwelling nestled within the forest. - [Camden Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/camden-lease-extensions/): More than 1,070 leasehold properties changed hands in Camden over the past year, more than four in five of all property sales in the borough and one of the highest leasehold rates in the country (the England average is around 20%). Leasehold flats sold for an average of around £776,000, though the median was £655,000, reflecting how the prime Hampstead market pulls the average upwards. The busiest areas for leasehold sales were NW3 (Hampstead and Belsize Park), NW6 (West Hampstead and Kilburn), NW1 (Camden Town and Primrose Hill) and NW5 (Kentish Town). - [Bromley Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/bromley-lease-extensions/): In 2014, Bromley was named one of London's happiest boroughs, and it's easy to see why. The unemployment rate is among the lowest in London, the area is filled with character, and plenty of greenery complements the urban environment. - [Brent Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/brent-lease-extensions/): More than 1,120 leasehold properties changed hands in Brent over the past year, around seven in ten of all property sales in the borough and far above the England average of roughly 20%. Leasehold flats sold for an average of around £454,000 (median £420,000), and the busiest areas for leasehold sales were NW9 (Kingsbury and Colindale), HA9 (Wembley Park), NW10 (Willesden and Harlesden) and NW6 (Kilburn and Queen's Park). - [Bexley Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/bexley-lease-extensions/): The southeastern London Borough of Bexley offers a vibrant mix of housing options, including commuter-friendly apartments, spacious period houses, and cosy semi-detached properties. - [Barnet Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/barnet-lease-extensions/): The London Borough of Barnet is a prime location on the outskirts of North London. It’s made up of an impressive blend of urban and green landscapes, boasting 19 parks, 32,000 trees and an array of nature reserves. - [Lease Extension Solicitors in Barking and Dagenham](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/barking-and-dagenham-lease-extensions/): The London Borough of Barking and Dagenham is a well-connected area on the outskirts of East London. - [Islington Lease Extensions](https://theleaseextensioncompany.com/london-boroughs-lease-extensions/islington-lease-extensions/): More than 1,160 leasehold properties changed hands in Islington over the past year, more than four in five of all property sales in the borough and one of the highest leasehold rates in the country (the England average is around 20%). Leasehold flats sold for an average of around £635,000 (median £575,000), and the busiest areas for leasehold sales were N1 (Angel, Barnsbury and Canonbury), N7 (Holloway), N5 (Highbury) and N19 (Archway and Upper Holloway). - [Jargon Buster](https://theleaseextensioncompany.com/lease-extension-jargon-buster/): Make sense of complex legal terms by referring to our informative lease extension glossary. - [How Long Will My Lease Take?](https://theleaseextensioncompany.com/how-we-help/how-long-will-my-lease-take/): At the Lease Extension Company, we are well-versed in the legal obligations, nuances and deadlines involved in extending a lease. As a result, we help deliver results efficiently and within our money-saving fixed fee for our clients. - [How Much Will My Lease Cost](https://theleaseextensioncompany.com/costs/how-much-will-my-lease-cost/): Costs of lease extensions are often vague and confusing, making it difficult to decide whether to go ahead with the process. - [How to Extend Your Lease](https://theleaseextensioncompany.com/how-we-help/how-to-extend-your-lease/): This first post is dealing with possibly the most important decision before starting your lease extension and the route in which you decide to proceed with. - [Case Studies](https://theleaseextensioncompany.com/case-studies/): Refer to the following case studies to find out more about the lease extension process, the costs involved, and the outcomes we have helped our clients achieve. - [Knowledge Center](https://theleaseextensioncompany.com/knowledge-center/): Aug 3, 2026 - [Who We Are](https://theleaseextensioncompany.com/who-we-are/): The Lease Extension company comprises a team of experts who hold a wealth of over 30 years combined experience in enfranchisement and property law, corporate business management, and client services. Together we offer an unrivalled end-to-end service working with our panel of leading specialist law and chartered surveyor firms. - [How We Help](https://theleaseextensioncompany.com/how-we-help/): We love what we do. Helping our clients achieve outstanding results. We only work for leaseholders so protecting leaseholders rights are at the core of everything we do. - [Lease Extension Calculator](https://theleaseextensioncompany.com/lease-extension-calculator/): To find out the approximate cost of your lease extension, enter your information into our helpful lease extension calculator tool below. - [FAQ’s](https://theleaseextensioncompany.com/faqs/): When we start working with new clients they have lots of questions about how to extend their lease, so please find some of the most frequently asked questions below. - [Fixed Fee](https://theleaseextensioncompany.com/costs/): At the Lease Extension Company, we are here to make the process of extending your lease easier and ultimately save you time and money. - [What We Do](https://theleaseextensioncompany.com/what-we-do/): Founded in 2017, the LEC is a specialist service helping leaseholders extend their leases. We have helped many thousands of clients extend their leases through statutory lease extensions, share of freehold, and voluntary lease extensions. We work with clients based in the UK and around the globe, parents assisting their children and children helping their parents, to successfully extend their leases with ease. - [Sitemap](https://theleaseextensioncompany.com/sitemap/): For a FREE, no-obligation quotation to calculate your lease renewal: - [Contact](https://theleaseextensioncompany.com/contact/): Hello. - [Privacy Policy](https://theleaseextensioncompany.com/privacy-policy/): For a FREE, no-obligation quotation to calculate your lease renewal: - [Home](https://theleaseextensioncompany.com/): Every client receives outstanding wrap-around service from our dedicated team, with bespoke project plans provided for all statutory claims. ## Categories - [Articles](https://theleaseextensioncompany.com/category/articles/)