DISCLAIMER: Use our complimentary statutory leasehold extension calculator for an initial insight into the cost to extend your lease, under the provisions of the Leasehold Reform, Housing & Urban Development Act 1993 (‘1993 Act’), as amended by the Commonhold and Leasehold Reform Act 2002 (‘2002 Act’). You can also contact a member of our team for an informal conversation. The statutory Premium indicated via our lease extension calculator is not the considered opinion of a RICS Registered Valuer. It cannot account for variables within a specific lease, or Ground Rent reviews. Figures provided are reliant upon your opinion of local property values. This calculator is not designed to give anything more than general advice. Under a claim, you are also liable for the Superior Landlord’s Section 60 Statutory Recoverable costs, which include their initial valuation and all their reasonable legal costs. Stamp duty is also payable on the same basis as buying a property. For a collective enfranchisement calculation please contact our office.