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Hello and thank you for your question. I will be very pleased to assist you. I'm a practicing lawyer in England with over 10 years experience.
May I ask how many years remain on your lease please?
63, I think
Thanks. Is there any declaration of trust in place between you and the other joint freeholder to your knowledge?
Were any assurances given by the previous individual regarding your lease when you agreed to extend theirs?
Did you seek advice in relation to the lease extension or just agree to it?
No, we haven't had to have any formal agreements with the 3 previous owners, we just agreed
Thanks. I am afraid this is not good news. If you are joint freeholders as you know you must both agree to extend a lease. This is generally not a problem because if one person wants to extend then the other will generally agree without charge because if they don't they can simply be charged by the other so it is a pointless exercise but unfortunately you have allowed the other party to gain unequal footing by allowing a lease extension without demanding either an extension for yourself or reserving an option on the freehold to do so at a later date for similar nil consideration.
I am stuggling to find a basis on which you could use as leverage. Had you sought advice then the advisor may be negligent in failing to advise the above and you may have a claim for negligence but this is not relevant.
The lease extention was agreed with the previous owner
I appreciate that and that it is the new owner that is being difficult. Unfortunately that is his perogative however unfair that is for the above reasons.
Would you like me to see what a commercial extension is likely to cost on the open market to ascertain the potential figure?
If I can assist as the situation develops please do not hesitate to revert to me. It may be that some negotiation with the reminder that an extension was agreed by you will pay dividends.
I did NOT rate your service as excellent! However, there appears to be only actually one rating available. I thought your 'expert' was mediocre at best. You have charged me regardless, so why bother pretending that there's a choice!