Negotiating a lease extension can be tough. You need to make sure that you walk away with the best deal, and for that, you’ll need professional support. Having a solicitor for lease extension purposes is a smart call, but let’s check out the big benefits.
If you try and negotiate a lease extension by yourself, you may not get the best deal. Having a solicitor for lease extension challenges means you have the expert knowledge necessary at your disposal. A solicitor will know far more than the average person, making them a strong asset. You’re far more likely to negotiate the best terms with a solicitor to look them over for you.
Imagine that you sign what you think is the perfect lease extension, only to discover there was a clause in the fine print that means you pay an extra £500 a month. Sneaky, right? Well, these things can happen, which is why a solicitor for lease extension inquiries is not a bad thing.
These professionals can look over the documents for you and make sure that you’re getting a good deal. If something isn’t right, then you’ll be notified, so you can make the right decisions.
Getting the Best Price
When we talk about a lease extension, it’s all about price. Do you want to get the best price possible, because this will guarantee that you don’t have to worry about paying massive costs for your lease.
Having a solicitor on board is a good way to make sure that you get the best price, because they can tell you whether or not the deal you’re being offered is acceptable. In some cases, a solicitor can even negotiate on your behalf to secure the best deal for you, so it’s important to use solicitors where you can.
Understanding the Rules
Did you know there are certain rules for negotiating a lease extension? For example, there is a certain length that you can extend a lease by, and there are limits to how pricing can work depending on how long you want to renew your lease for.