Circumstances change, so we understand that you may need to extend, amend or transfer your lease.
Here's some guidance on what's involved and the steps you'll need to take.
Extending your lease
Extending your lease is especially important if you bought your home during the 1980s or early 1990s, or if you have recently purchased your home from an existing owner without your lease being extended at the same time.
There are a couple of reasons for this:
- Having fewer than 80 years on your lease may affect your ability to remortgage or a new purchaser to obtain a mortgage
- Shorter leases can also decrease the property's value.
Extending your lease can be quite straightforward.
Please get in touch and we can explain the process.
You can also find out more information through the Leasehold Advisory Service website.
We recommend that you get independent legal advice before extending your lease.
Making changes to your lease
We will make every effort to help you stay in your home.
But if you breach your lease (for example, because of anti-social behaviour, making alterations without permission or rent arrears, we can take steps to apply for possession of your home. This can also include lease forfeiture which is where we terminate your lease and you have to leave your home.
If a home owner dies, please get in touch with us as soon as possible, so that we can explain the options available and help you sort things out.
Get in touch on 0300 1234 009 or leaseholdsupport@midlandsrural.org.uk
If you'd like to add or remove someone to/from your lease, please get in touch and we can talk you through the process. You will also need to get independent legal advice.
If you're remortgaging we'll also need to approve your new mortgage.
Get in touch on 0300 1234 009 or leaseholdsupport@midlandsrural.org.uk
We must consult you about any changes we want to make to your lease.
Generally, no changes can be made without your permission. You have the right to stay in your home until the end of your lease, as long as you keep to the conditions set out in it and pay all the charges due.