Our fees
Already agreed a lease extension with your freeholder? We can handle the legal work, check the proposed terms and guide you through to completion and registration at the Land Registry.
A voluntary lease extension, also known as an informal or non-statutory lease extension, is agreed directly with your freeholder without following the statutory lease extension process. It can be a practical option where both parties are willing to proceed and the terms are suitable.
At Peppercorn Law, we help you understand what you are agreeing to. We review the length of the new lease, the ground rent provisions and any changes to your existing rights and obligations. We then deal with the freeholder’s solicitor to agree the lease extension deed and arrange completion and registration.
Our fixed fee of £995 plus VAT covers the legal work for a straightforward voluntary lease extension where the premium has already been agreed, including Land Registry and related registration fees. The premium payable to your freeholder, their legal and valuation charges, and any advice from your own valuation surveyor are separate.
If you have not yet agreed the price, a specialist leasehold valuer can help you assess the freeholder’s offer. We can advise on the proposed legal terms and explain whether the statutory route may be more suitable.
If your flat is mortgaged with Barclays, HSBC, NatWest or Metro Bank, we can also act for your mortgage lender. Mortgages with other lenders may require a separate firm to act for the bank, which we can usually arrange at an additional cost of £350 plus VAT
We will handle your transaction from start to finish for our fixed legal fee, no hourly rates, no surprises
File set up and review terms
remove client onboarding, review your legal title, lease and liaise with the freeholders solicitor on your behalf
draft lease approval
we review the draft deed of surrender and re-grant on your behalf, checking to ensure the document can be registered at the Land Registry and reflects the agreed premium, ground rent and other terms.
completion
arrange for completion, pre-completion searches and gather in funds from you, register the new lease at the Land Registry and update you as the application progresses.
S Wasserman
Amazing service from Ricky, can’t recommend him enough. Well priced and extremely helpful and efficient. Thank you sir!
F Scurzio
I had a great experience with this law firm during my lease extension. The whole process was handled professionally and efficiently, and they were always helpful and responsive whenever I had questions.
D Cuthbert
Very helpful sorting out my lease extension, especially considering the company that owns my freehold are not the most cooperative or helpful
