
Extending a lease as it approaches 80 years is one of the most important financial decisions a Hounslow leaseholder can make. The moment a lease drops below 80 years, “marriage value” becomes payable — an additional premium that can significantly increase the cost of a statutory lease extension. Acting before this threshold allows Hounslow homeowners to avoid this extra charge and secure the extension at a far more favourable price.
Property values across Hounslow, from Chiswick to Heston and Isleworth, are closely tied to lease length. A shorter lease can reduce a flat’s market value, limit mortgage availability, and ultimately deter buyers. Extending while the lease is still above 80 years protects the long-term value of the property and keeps it fully marketable to mainstream lenders. This is particularly important in areas like Brentford and Central Hounslow, where competitively priced flats attract first-time buyers who often rely on high-street mortgages.
A statutory lease extension adds 90 years and reduces ground rent to a peppercorn, which also improves long-term affordability. For many local leaseholders, this creates a more predictable financial future, free from escalating ground rent clauses that appear in some older Hounslow leases.
Acting early brings procedural advantages too. With more time, leaseholders can budget sensibly, obtain valuation advice, and avoid the pressure of a looming deadline. Whether you own a period flat off Staines Road or a modern development near Hounslow East, extending your lease before it reaches 80 years is a strategic move that protects value, enhances saleability, and saves money in the long run.
Serving Leaseholders in Brentford, Isleworth & Beyond
We’ve helped clients from Bath Road, Staines Road, and Hounslow High Street navigate their lease extensions with ease.
📞 07818941780 | 📧 info@peppercornlaw.co.uk
What our clients say
"I highly recommend Ricky who dealt with my recent lease extension as part of (what became) a protracted sale! I have never had a solicitor before who was so communicative and responsive."
"Ricky has been so responsive, and has explained legal obligations and processes to us in a clear and simple way."