• My LT Account
  • Buy
      • Our Services
      • London Area Guides
      • Buying News
      • Expert Buying Advice
      • Property Search
      • Register for Property

      MORE OPTIONS

      • Buying Guide
      • Stamp Duty Calculator
      • Customer Reviews
      • London Area Guides
      • Expert Buying Advice
      • About the My LT Account
  • Sell
      • Our Services
      • Customer Reviews
      • Free Valuation
      • Buying? Register for Property

      MORE OPTIONS

      • Sales Brochure
      • About the My LT Account
      • Contact Us
  • Rent
      • Our Services
      • London Area Guides
      • Renting Guide to Virtual Viewing
      • Expert Renting Advice
      • Property Search
      • Register for Property

      MORE OPTIONS

      • Renting Guide
      • Guide to Virtual Viewings
      • Renting Explained
      • Customer Reviews
      • Renting Brochure
      • About the My LT Account
      • Tenant Fees Information
      • How to Rent
  • Landlords
      • Our Services
      • Definitive Buy To Let Guide
      • Quarterly Buy To Let Review 2021
      • London Buy To Let Investment Guide
      • Free Valuation
      • Buying? Register for Property

      MORE OPTIONS

      • Buy-To-Let Search
      • Guide to Letting
      • Landlord News
      • Customer Reviews
      • Expert Letting Advice
      • About the My LT Account
  • News

      MORE OPTIONS

      • Webinars
      • Buying Property News
      • Renting Property News
      • Selling Property News
      • Buy-To-Let Property News
      • Property Tips
      • Our News
      • ALL News
  • Contact
      • Q & A - Expert Buying Advice
      • Selling? Free Valuation
      • Letting? Free Valuation

      MORE OPTIONS

      • Our Story
      • Press Releases
      • Recommend Us
      • Careers
      • Office List
      • Customer Services
      • Property Management
      • Customer Reviews
  • my LT account
  • Menu
  • Buy
    • Back
    • Our Services
    • Property Search
    • Buying Guide
    • Stamp Duty Calculator
    • Customer Reviews
    • London Area Guides
    • Expert Buying Advice
    • About the My LT Account
    • Register For Property
    • Winter Property Guide
  • Sell
    • Back
    • Our Services
    • Customer Reviews
    • Expert Selling Advice
    • Valuation Request
    • Sales Brochure
    • About the My LT Account
    • Contact Us
    • Winter Property Guide
  • Rent
    • Back
    • Our Services
    • Renting Property Search
    • Renting Guide
    • Guide to Virtual Viewings
    • Renting Explained
    • Customer Reviews
    • Renting Brochure
    • London Area Guides
    • About the My LT Account
    • Tenant Fees Information
    • How to Rent
    • Expert Renting Advice
    • Winter Property Guide
  • Landlords
    • Back
    • Our Services
    • The Definitive Buy-to-Let Guide
    • London Buy to Let- The Investment Guide
    • London Buy-To-Let Review
    • Buy-To-Let Search
    • Guide to Letting
    • Landlord News
    • Customer Reviews
    • Expert Letting Advice
    • About the My LT Account
    • Winter Property Guide
  • News
    • Back
    • Webinars
    • Buying Property News
    • Renting Property News
    • Selling Property News
    • Landlord Property News
    • Buy-To-Let Property News
    • Property Tips
    • Our News
    • ALL News
  • Contact
    • Back
    • Our Story
    • Customer Feedback
    • Press Releases
    • Recommend Us
    • Careers
    • Office List
    • Customer Services
    • Property Management
    • Customer Reviews
X

My LT Account


Sign In

Forgotten Your Password?


New Customer

Easily book appointments, add property to your shortlist and many more features.

Register
Useful Links
  • About My LT Account
  • Property Management
  • Contact Us
HomeNews Selling Property News

Lease extension service to the rescue

  • by Editorial Team
  • 23rd November 2011
  • Selling Property News
  • Lease extension service to the rescue photo 1

Increasing the value and prospects of leasehold properties for sale with lease extension services.



Short leases can cause problems with property sales, as potential buyers might struggle to get a mortgage when there are fewer than 80 years left on the lease. 

Even if they are able to get a bank to lend to them, interest rates tend to be higher, making the property less attractive to them.

To help London property sellers with short leases, ludlowthompson has launched a lease extension service. 

Stephen Ludlow, Chairman of ludlowthompson, comments: “Our new lease extension service offers customers a one stop shop to extend their lease at a fixed cost.

"Many buyers need to extend their lease prior to a sale and we are providing our customers with an easy to use service with a reasonable and transparent cost.”

Facts about leaseholds

  • There are over 3 million leasehold properties in the UK.
  • 72% of London properties are leasehold.
  • Leaseholders have a statutory right to extend their lease under the Leasehold Reform Housing and Urban Development Act 1993.

Our new lease extension service offers customers a one stop shop to extend their lease at a fixed cost.


Stephen Ludlow - Chairman, ludlowthompson


Share this article
  • Share on Facebook
  • Share on Twitter
  • Share on Linked In

More Selling Property NewsNews

  • British Summer Time signals start of housing market rush

  • Return to office sparks London housing market surge

  • Thinking of selling in 2022? Now is the perfect time to put your property on the market

  • Strongest sellers' market in over a decade

  • Low-risk flat rule change will allow millions of flat owners to finally sell

  • »
    More
    Selling Property News

Free & Instant
Property
Valuation

In Just
60 Seconds

Start Valuation

Other top stories

Grants available for landlords to install EV chargers
British Summer Time signals start of housing market rush
How to secure a property in a competitive rental market
The end of the pandemic has seen radical alteration in home requirements
Return to office sparks London housing market surge
Jargon busting for first-time buyers
Proactive management helps landlords navigate 2022 legislative changes

Categories

  • Buying Property News
  • Renting Property News
  • Selling Property News
  • Landlord Property News
  • Buy-To-Let Property News
  • Property Tips
  • Our News

News Archive

  • 2022

    • Jan
    • Feb
    • Mar
    • Apr
    • May
  • 2021

  • 2020

  • 2019

  • 2018

  • 2017

  • 2016

  • 2015

  • 2014

  • 2013

  • 2012

  • 2011

  • 2010

  • 2009

  • 2008

  • 2007

  • 2006

FREE & INSTANT PROPERTY VALUATION

IN JUST 60 SECONDS


Start Valuation

ABOUT US


  • Our Story
  • Covid-19 Secure
  • Press & Media Center
  • London Buy-To-Let Review
  • Recommend Us
  • Careers
  • London Estate Agents

LONDON PROPERTY NEWS


  • Landlord Property News
  • Buying Property News
  • Renting News
  • Selling Property News
  • Our News

PROPERTY TOOLS & TIPS


  • Stamp Duty Calculator
  • Expert Property Advice
  • Rss Feeds
  • Landlord Fees Information
  • Tenant Fees Information
  • Vendor Fees Information
  • Purchaser Fees Information

SAY HELLO


  • Find My Nearest Office
  • Property Management
  • Customer Services
  • Client Money Protection certificate
  • Client Money Protection Scheme Rules
  • Follow us on Twitter
  • Like us on Facebook
  • Keep up with Ludlowthompson on Linkedin
  • Follow us on Instagram
  • Follow us on Youtube
  • TPOS (The property Ombudsman)
  • Consumer Codes Approval Scheme.
  • NAEA ( National Association of Estate Agents )
  • ARLA ( Association of Residential Letting Agents )
  • Investors In People | Gold
  • All Agents - Best Transparent Agent fo the year 2018

©2015 ludlowthompson.com. All Rights Reserved

Built with passion by Fusion Advertising & Design

Back to Top
Privacy Policy Site Map