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Tenancy Deposit Changes – Are you at risk of a fine? There have been significant changes to the deposit protection regulations from the...

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Emma (Tenant) 2nd February 2012

I would like to thank you John for being such a great property manager for the last 3 +years (I can't...

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Mr C Brown (Landlord and Seller) 26th November 2011

The letting team was really good value for money. They found a tenant, showed people...

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Nicola F. (Home buyer) November 2011

I’m exchanged, I’m exchanged!  I couldn’t be smiling anymore, I practically...

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Kirsty (Home Buyer) 25th July 2011.

I found PACE excellent. Matt and Denise particularly went above and beyond with assisting us during...

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Ian (Seller) 31st Aug 2011.

Good, efficient service. Always rapid response to questions.



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L Langley (Landlord)

Venturing into the lettings market was a big step for my husband and I, the prospect of letting our family home to...

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Nick S (Property Investor)

PACE has managed my residential portfolio for a number of years and helped me source some of my properties. I...

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Nick J (Seller)

Having used the services of PACE for several years as a lettings and sales agent I have always been impressed by their...

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Justin (Landlord)

As a landlord with a varied portfolio throughout the UK I have come to value PACE over the many years they have looked...

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P.F. Thorpe Bay (Seller)

The service I received during the sale of my mews cottage was first class, making the whole process worry...

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Nicole (Seller)

The staff at PACE were knowledgeable of the area and had people on their books interested in our property. They kept me...

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Stuart K (Property Investor)

As the owner of several leasehold properties in Southend, I came up against some demanding freeholders....

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Do you have a short lease?

  Why leaseholders choose PACE
  Why freeholders choose PACE
  Paying too much to your freeholder or agent?
  Do you have a short lease?
  Testimonials


Do you know that leases have an end - and at the end your flat will become the property of your freeholder again? There is usually no need to be alarmed - these dates are often many years in the future and you do have a legal right to extend your lease or purchase the freehold. The law is fairly complex in this area and it’s important to have good advice to make sure you pay a reasonable price.

Are you aware of the remaining term or expiry date of your lease? The longer your lease is, the less you will have to pay your freeholder for an extension of the term. At 80 years until expiry it becomes more expensive to extend your lease. If you have less than 75 years on the lease and you are trying to sell your flat, you may find purchasers expect you to cover the cost of the lease extension from the purchase price. Your mortgage company may also have rules about how short your lease can be.

But don’t worry – the law is on your side, your mortgage company may help finance the extension and we are here to help. Give us a call – we will be happy to review your situation and provide you with clear, no-nonsense advice.






  Why leaseholders choose PACE
  Why freeholders choose PACE
  Paying too much to your freeholder or agent?
  Do you have a short lease?
  Testimonials


 
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Click the photo for more details of Westcliff on Sea SS0 7NP
Westcliff on Sea
£289,995

   
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