Top Ten Questions relating to Abridge Lease Extensions

  • I have just bought a maisonette located inAbridge and I'm considering a lease extension as soon as practicable e.g. in 24 months of ownership
  • I’m just looking for a ground floor flat to buy in the Abridge area and was after more information on what the likely fees would be for a lease extension? It has fivety five years outstanding...
  • I have shares in the freehold of buildings comprising of six flats each. Two of the leaseholders want to extend their leases and I'm curious about the the process
  • I have a lease of 59 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I am looking to either purchase the freehold or a lease extension of my property in Abridge and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Barclays to free up equity. The broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease commenced in 1979 and since then the ground rent has been raised from £38.00 per annum to £300 per year.
  • I am a landlord of a block of flats in Abridge, and the leaseholders are in the process of being given lease extensions. I anticipate receiving funds next month. As I am not on self assessment do I contact HMRC ?
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I'm living with my mother and father but have a maisonette in Abridge let out which has a 71 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Abridge for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
  • It says on your website the likely fee to extend a lease is £495. Is that the total cost including vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my ground floor flat in Abridge
  • I know that others in the same block previously had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
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    Lease Extensions in Abridge

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