Stop Press: The Bath House, Le Cateau Road, Colchester CO2 7NA – construction progressing well see our News Page for more exciting information on this innovative project.

Residential Lease Extension

We offer a residential lease extension provision as part of our property valuation service.

In the last 12 months we have seen an increasing number of people seeking to extend the leases on their homes.

Not only does a longer lease often equate to an increase in the value of your home, but lenders are typically reluctant to offer mortgages on leasehold interests with less than 80 years remaining.

As the term diminishes, the cost of extending a lease can increase significantly. We encourage leaseholders to exercise their right to extend as soon as is feasible so that they are in the strongest possible negotiating position

We can provide you with clear advice on the likely sum you will be required to pay to extend your lease and negotiate the extension on your behalf.

If you are considering a lease extension, please call Emma Byrne to discuss the options available and how we can help.

For all your property management needs, you can contact:

Emma Byrne on 01206 586861, or email emma@mrallp.co.uk

Our Services

Clients choose to work with our friendly, professional team time and time again because we consistently deliver a quality service that makes their lives easier. Our plain-speaking approach ensures everyone is kept on the same page and that a project can move forward in a timely and cost-effective way.

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Commercial Estate Agency

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Property Management

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Property Valuation

Landlord and Tenant

Building Surveying

Development Consultancy

What people say about working with us

  • "I have known Peter Riches and indeed some of his staff for many years now.  Our family and I in particular have built a close relationship with Peter, instructing him on numerous occasions for projects, lease renewals, rent reviews etc. and have always found him to be honest, reliable and extremely efficient. Peter will always find a solution to all your property needs and matters – his creative talent, input and valuable knowledge is where he really shines above the rest “bar none”! I would have no hesitation in recommending him or his staff for all your property needs."
    Aaron Taub, Advantage Property Group
  • "Peter Riches of MRA has managed an industrial property we own for the last 10 years and we have been delighted with the way our business has been handled. We have always found Peter to be very professional in his attitude; he has a good understanding of what we are trying to achieve, listens to our ideas and offers suggestions of his own. The rest of the team at MRA are always polite, friendly and helpful and we highly recommend the company and the services they offer."
    A J Kernahan, Developments Limited
  • "Dudley Smith Partnership has enjoyed a long and positive professional relationship with Morley Riches and Ablewhite. Their broad professional services are delivered with efficiency and they display a practical approach together with proactive client service. Our respective firms have from time to time worked jointly on projects over the years and we are pleased to recommend Morley Riches and Ablewhite when the opportunity arises."
    Dudley Smith Partnership
  • "We have employed the services of Morley Riches & Ablewhite for over 10 years and have always found them to be Professional to deal with. Both Peter and Jon have a wide knowledge of the local commercial market which has enabled them to advise us on various aspects within our diverse business."
    Ian Newman, East Anglian Group
  • "Morley, Riches & Ablewhite – forgettable name, but seriously unforgettable service! We engaged MRA about 3 years’ ago on recommendation.  We have never regretted it. Good, practical advice on all property aspects, including new leases, professional discussions with existing Landlords and advice generally. At all times the service has been prompt, professional and cost-effective.  Communication skills are first rate and we have confidence in the calibre of MRA’s team and their ability to provide commercial insight and evolve innovative win / win solutions."
    John May, Director, Thompson & Morgan Group Holdings Limited
  • "Griffin Chapman has a long-standing relationship with Morley Riches & Ablewhite. Our experience is that they are highly professional, efficient and proactive. We have been pleased to recommend a number of our clients to Morley Riches & Ablewhite for assistance in property matters. The feedback that we have received has been highly positive. We have also been pleased to co-sponsor a number of successful corporate events with Morley Riches & Ablewhite over recent years."
    Griffin Chapman, Chartered Accountants
Get In Touch

Get in touch

Email enquiries@mrallp.co.uk
Telephone 01206 505707

If you’ve got a question about the services we deliver, or would like some advice on how we can support your project, simply get in touch and we’d be more than happy to help.

Alternatively complete the form below for a member of our team to get in touch.

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