Thanks MrShed. OG

I currently own a flat with an estimated value of £110,000.00. Current ground rent is £27.00 per Yr. The flat in question has a 71Yr 4mth lease to run (original lease was 99Yrs from November 1980) and reading in your previous replies that the shorter the lease the dearer the price, now would seem to be the time to act. How does one go about it? I have searched the internet and seen many articles all claiming to be experts in the field, but how do you tell? Would the solicitor that I used to purchase the flat be qualified to act in this type of matter or does it require a specialist? If so where do I look and what sort of charges am I looking at? Finally what would be a fair price for renewal? Many Thanks in Anticipation. OG

MrShed, I have just read your very detailed reply to Baz87s question and wondered if you could help me. Flat in question has 71 Yrs of a 99 yr lease to run and reading in your reply that the shorter the lease the dearer the price, now would be the time to act. How does one go about it? I have searched the internet and seen many articles all claiming to be experts in the field, but how do you tell? Would the solicitor that I used to purchase the flat be qualified to act in this type of matter or does it require a specialist? If so where do I look and what sort of charges am I looking at? Finally, what sort of price would I be looking at to renew assuming a value of £120,00.00? Many Thanks in Anticipation. Old Grumpy