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Flat lease extension

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Wondering if some one could possibly help me.I live in a flat which was built in June 1983,I purchased the flat from previous owner in Feb 1997. and I am now thinking about extending the lease.I have checked the charge certificate from hm  land registry and it states that the term of the lease is for 120 years.,my question is that I have a letter transferring the new lease to the previous  owner from the landlord/management company stating that the term of the lease is 125 years..could you please tell me who is right..land registry or landord/management company. 
Many thanks graham 

Comments

  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Don't you have a copy of the lease?
  • NameUnavailable
    NameUnavailable Posts: 3,030 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    The governmement are currently looking at leasehold reforms including making it easier and cheaper to extend a lease. Might be worth waiting a while.
  • Durban
    Durban Posts: 485 Forumite
    Tenth Anniversary 100 Posts Name Dropper
    The governmement are currently looking at leasehold reforms including making it easier and cheaper to extend a lease. Might be worth waiting a while.
    Depends how long they take.  Don't let it drop below 80 years.

    If it is 120 years you have 83 years left
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