HOW TO ESCAPE MARRIAGE VALUE!

Start formal action before the lease has less than 80 years to run! To be 100% certain get your solicitor to serve formal notice on the landlord within that deadline. Where leases have 80 years or less to run the payment can be considerably more as the landlord gets a 50% share of the increase in the value of the flat as a result of the lease extension – this is MARRIAGE VALUE! It follows that the shorter the lease the more the gain in value following the lease extension the greater will be the 50% or Marriage Value

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