Top Ten Questions relating to Addiscombe Lease Extensions

  • I’ve just bought a three bed apartment based inAddiscombe and I'm considering a lease extension as soon as practicable e.g. in 24 months of ownership
  • I’m about to offer on a one bed apartment to buy in the Addiscombe area and was interested in finding out how much would it cost to extend a lease? It has sixety eight years unexpired...
  • I think our has advised us incorrectly concerning a lease extension and I would like to find out how to go about making a formal complaint
  • I invested in buying a garden flat in Addiscombe with a leasehold unexpired of seventy three years. I am wondering about what I will need to spend to extend my lease term
  • I have been in touch with my freeholder to extend my lease for my flat in Addiscombe. Her has been in contact with charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started October 1992.
  • How much will it cost me and what is the best way to start the lease extension process? I have just under 57 years outstanding on my lease on a three bed flat in Addiscombe. I have contacted the agent who represent the head landlord and they provided me with the number of the valuer. I telephone the valuer but I am not receiving any returned calls.
  • I am looking at buying an auction property and found a studio flat in Addiscombe. It has just 50 year lease..the current owner as mortgagees in possession will not want the aggravation of seeking a lease extension..what are the drawbacks of this other than the huge fee to extend the lease and reduced chance of obtaining a mortgage with Britannia?
  • My son has a share of freehold, with two other leaseholders in a building in Addiscombe. House split into three flats. He has a lease, which has nearon 78 years outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
  • It says on your website the likely fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my studio flat in Addiscombe
  • I am currently negotiating a lease extension for my flat in Addiscombe as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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