Estimates the statutory premium to extend a residential lease in England & Wales by 90 years at a peppercorn ground rent.
£
yrs
£
%
%
%
Under 80 years: act soon. Once a lease drops below 80 years, marriage value becomes payable and the premium increases substantially.
ESTIMATED PREMIUM
£0
Likely range: £0 - £0
Calculation breakdown
Based on the statutory valuation method under the Leasehold Reform, Housing and Urban Development Act 1993.
Excludes professional fees (typically £1,500-£3,000+ for valuation and legal work).
For guidance only — a formal valuation is needed before serving a Section 42 notice.