Rampok CPM Nine

A lease extension contract is a formal agreement and as such it is of great importance that you talk to your solicitor about the whole process as well as the paperwork.  The whole method in which extending a lease is dictated by the Leasehold Reform Housing and Urban Development Act 1993. This can from time to time mean that the negotiations which are entered into between yourself and the landlord are lengthy and complex. In cases such as these the Leasehold Valuation Tribunal may need to get involved. It is extremely important that you as the leaseholder know your rights and what exactly is set out in the terms of the lease. A leaseholder generally holds a property on lease which will run from 99, 125 or 999 years until it eventually...

While many retirees wish to have an easy life after their retirement, they may find that their pension may not be sufficient to last them through their twilight years. The cost of living may be increasing as the years go by which can impact the golden years of retirees adversely. Hence, it is a great challenge to plan on how to stretch the pension. This is a global phenomenon. There is a great need for pensions and investment consultants who can assist the retirees in their golden years' lifestyle. There must be an investment into the right opportunities that would generate good income which can sustain the current cost of living. Many retirees are simple employees who are dedicated to their jobs on a 9 to 5 basis without a clue on their...

Many smart working consumers do make it a point to have some savings while they are working. This savings plan is usually in their individual account where an amount albeit small is deposited into a personal account for the rainy day. It could be that these working individuals do not enjoy the benefits of a pension fund which allows them to venture into future investment upon retirement. It is necessary and wise of the working individual to think of long term investment plans through pension funds or lack of it through the formal means. This is where a diligent amount of savings every month over the years until retirement can accumulate to quite a fair sum for an opportune investment. There are a variety of retirement plans from which an...

Strictly speaking, there is no such thing in this instance as a lease extension, the act gives lessees (that is people that own leases) the right to surrender their existing lease and acquire a new lease on their property. In basic terms, leaseholders qualify for the right to extend their lease if they have held the lease for at least the last two years and the lease when it was originally granted was for a length in excess of 21 years. As with all things legal there are exceptions and you need to take legal advice. If the leaseholder qualifies for the right to extend the lease then by law the lease is "extended" for an additional 90 years on top of the lease length that exists at the time of the "extension", but with all other lease terms...