As the length of an unexpired term of a Lease decreases, so does its value – extending a lease is therefore an essential process in securing and boosting the value of your asset.

It is also important you ensure a lease is extended to an appropriate length in terms of securing loans. Attempting to attain a loan against a property with a short lease length can be problematic, and in turn can make selling a property far more difficult.

WPP prides itself as a specialist in facilitating the valuation and negotiation surrounding the complex area of leasehold extensions, according to the provisions set out by the Leasehold Reform, Housing and Urban Development Act 1993.

To find out how we can help in effectively extending your lease, or any other services provided by Western Permanent Property Management Cardiff, Contact us today or ring 029 2023 5151 to find out how we can help you.