Lease Extensions – Extending Leaseholds for Tenants & Landlords
Lease extensions, specifically for residential property held on long leaseholds are becoming more popular for many people. There are many reasons why a tenant, property owner or investor would want to extend a residential lease. Some of the biggest reasons driving the popularity for extending leaseholds include increasing property values, improved security of tenure and increasing its attractiveness to future buyers.
Investment Property Partners property investors guide to lease extensions covers a number of important issues that you may wish to consider if you are considering extending a the lease on a residential property.