So there are three very good practical and economic reasons for extending a lease as soon as you possibly can. Although the process may seem daunting, it doesn't have to be. A solicitor specializing in the complex area of extending a lease can handle the legal side of lease extensions for you, from preparing the application to serving notices on the freeholder. Although you may be faced with an initial cost, see it as an investment which will eventually improve the saleability and overall value of your property.