Selling a property is a big decision and you want to ensure you maximise on the value of your investment.
Why choose us?
Established, Experienced, Membership, Reputable, Quality, Vision.
Tyser Greenwood Chartered Surveyors’ carefully structured Central Support Team are available to guide you through the entire property surveying process, ensuring you are kept informed at every stage and that commitments within Service Level Agreements are met. Internal audit procedures ensure Surveyors and the Client Services Team are delivering a professional and consistent service at all times.
Tyser Greenwood Chartered Surveyors’ Property Surveying Specialists are highly experienced individuals who have detailed local knowledge of the areas in which they operate. They are all experts in residential valuations and surveys but individually possess an additional specialist skill set, some of these include:
- Houses of Multiple Occupancy
- Leasehold Extensions
- Freehold Purchase
- Building Surveys
- Boundary Disputes
- Capital Gains Tax
- Probate Valuations
Advice you can trust
Tyser Greenwood Chartered Surveyors’ reputation is built on a long history of credibility and accountability. The team is RICS regulated, ISO9001 approved and will always act in your best interests. You can rest-assured that the information they provide is an honest, independent and detailed appraisal of the condition of your potential purchase.
Selling a property with a lease length below 80 years may be difficult because mortgage lenders can be reluctant to take the property as security due to the reducing value each year. If you are the leaseholder and the property has a low lease length, you may need to start looking at an extension to get the best value for money.
At a lease length of below 80 years, the value of the property can start to decrease and the price to extend the lease will begin to climb. As the lease length continues to shorten the premium costs payable to the freeholder rise sharply.
This is because once the lease length drops below 80 years, you will then be required to pay 50% of the property’s ‘marriage value’ (the amount of extra value that having a lease extension will add to the property’s value) on top of the usual cost of the lease extension to the freeholder.
Tyser Greenwood Chartered Surveyors have an excellent team of RICS regulated chartered surveyors who can help you with your Lease Extension needs. Our RICS qualifies Chartered Surveyors can help you:
- Understand the step by step lease extension process
- Offer impartial advice
- Assist you from start to finish with the entire lease extension transaction
- Act in your interests to enable the right decision for your circumstances