Most leaseholders have the right to extend their lease. You may want to do this if there are not many years left on the lease you originally bought. It may increase the value of your home and is usually easier than buying the freehold.
The law changed on 26 July 2002, making it easier for leaseholders to extend their leases. This section explains the new rules, which apply to anyone who begins the process after that date. If you began the process before 26 July 2002, there are some extra rules, so you should check with your solicitor.
The rules on whether you can extend your lease and how this is done depend on whether your home is a house or a flat. If you need help, contact the Leasehold Advisory Service, a solicitor or use the Advice Services Directory to find a Shelter advice centre, Citizens Advice or other advice centre in your area.
