A lease is a right to use the property for a period of time. As a lease gets shorter, the value of the lease decreases and it becomes more expensive to extend the lease. This is why it is often a good idea to increase the term of the lease. Extending a lease can be a difficult process and if you're planning to obtain a mortgage or sell your property it pays to get advice early. Our team is here to help guide you through the process of Leasehold Extensions.