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

  • "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
  • "We are very happy with the friendly, professional and pro-active commercial property management service which we receive from Jon Ablewhite and we accordingly have no hesitation in recommending him and his firm."
    Rodney Stock, Bishop’s Stortford
  • "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
  • "Being a local business in Colchester, we seek to establish relationships with local professionals in certain key areas of business. Morley Riches and Ablewhite are a professional friend of Handelsbanken and  understood from a very early stage what we were looking for from their reports. They  have been extremely prompt in their delivery  of valuations and more than happy to discuss all aspects of the property market within our catchment area, which we find very valuable.  Overall a pleasure to deal with."
    Russell Felstead, Handelsbanken
  • "I have worked with Morley Riches and Ablewhite for several years. I have always found them to be trustworthy, professional, responsive and accurate while offering a flexible approach to problem solving. They provide excellent value for money and also deliver additional value through their thorough knowledge and network. Reputation and branding are important to any business so it’s important to select organisations who have a compatible constitution and culture. MRA demonstrate empathy with corporate objectives, they manage customer relationships effectively and efficiently and work seamlessly as part of a team. I would recommend them to anyone who needs a professional property service."
    Steve Heywood, Hills Building Group
  • "Jon Ablewhite of Morley, Riches and Ablewhite has provided professional services to my company for many years. This has included sales, purchasing and renting of office properties in and around Colchester. He has been very professional and thorough, combining this with an understanding of the needs of a business client such as ourselves. Together with Peter Riches, he forms a very strong and likeable team."
    Russell Sainty, Seaford Properties Limited
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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