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Online calculation to estimate the cost of an individual lease extension of a flat, or the freehold of a house.
This automated model is designed by Marr-Johnson & Stevens LLP.
This calculator is not designed to give anything more than general advice, and Marr-Johnson & Stevens cannot be held liable for any dependence upon this automated calculation. The circumstances of every leasehold property are different and you should not rely on the information as a substitute for proper expert advice. The calculator should only be used for calculating the cost of acquiring the freehold of a single house or a lease extension of a single flat. It cannot be used for calculating the cost of a collective enfranchisement of a block of flats. The calculation does not allow for Stamp Duty Land Tax or other transaction costs. If you have any doubts about the valuation, please contact Marr-Johnson & Stevens.
Prosper joined MJ&S after graduating in September 1990 and worked alongside his father, Simon, on enfranchisement matters, for several years. The founding partners have both retired from the partnership, and Prosper now runs the firm with Tim Martin.
Prosper jointly heads the residential valuation department with Tim, and carries out professional valuation work for enfranchisement, taxation, rent review, matrimonial and dispute purposes. The majority of his work is within the leasehold enfranchisement field on houses, flats and blocks of flats. Prosper frequently advises clients on the Bedford, Cadogan, Church Commissioners, Crown, Day, Grosvenor, Howard de Walden, Ilchester, Phillimore, Portman, and Wellcome estates, as well as tenants of other large property companies such as the Freshwater Group and Scottish Widows Investment Partnership. He has acted as an expert witness many times in front of tribunals as well as for mediation purposes.
Prosper won Valuer of the Year at the Enfranchisement and Right to Manage Awards 2012.Download V Card
After a short service commission in the cavalry, Tim joined Grosvenor in 1991. He qualified as a chartered surveyor in 1998, joined MJ&S in 2002, and was quickly made up to partner the following year.
Tim jointly heads the residential valuation department with Prosper, and carries out professional valuation work for enfranchisement, taxation, rent review, matrimonial and dispute purposes. He has particular expertise in all matters relating to Leasehold Reform, but it is his attention to detail along with a strict interpretation of the statutory legislation that provide him with the greatest negotiating leverage.
Tim frequently advises clients on the Bedford, Cadogan, Church Commissioners, Crown, Day, Grosvenor, Howard de Walden, Ilchester, Phillimore, Portman, and Wellcome estates, as well as tenants of other large property companies such as the Freshwater Group and Grainger Trust. He has acted as an expert witness many times in front of tribunals.
Tim won Valuer of the Year at the Enfranchisement and Right to Manage Awards 2014.Download V Card
Having previously worked for John D Wood, Marie joined MJ&S as a property manager in September 2004 to run our client property portfolio. However she dedicated herself to further studies and qualified as a chartered surveyor in October 2008. Marie now works in the valuation department and advises clients on a range of residential property, but primarily the firm’s speciality of lease extensions and enfranchisements, acting for both landlords and tenants. Marie is well respected within the Leasehold Reform community and has appeared in front of the Leasehold Valuation Tribunal (now the First-tier Tribunal) on several occasions very successfully.
Marie was Highly Commended as Young Professional of the Year at the Enfranchisement and Right to Manage Awards 2013.Download V Card
Having completed a career in the Armed Forces, Oliver retrained as a chartered surveyor, initially working for Best Gapp & Cassells in Belgravia. Oliver joined MJ&S in 2012 to work in the valuation team and specialise in Leasehold Reform. Oliver became RICS qualified in May 2013 and is also a Registered Valuer. He has already established a good reputation within the Leasehold Reform community and acts for both landlords and tenants across prime central London.Download V Card
Rose joined the firm in May 2016 after a varied career working in the oil business, the Arts and with young children. She provides secretarial and administrative support to the firm, and is responsible for our information management and credit control as well. Rose is currently studying for the AAT qualification in Accountancy.Download V Card