Common questions relating to Aldermanbury Lease Extensions

  • My partner has an apartment located in Aldermanbury which we are about to put on the market. The leasehold has roughly fivety seven years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • I am looking for a lease extension on the lease on my three bedroom first floor purpose built maisonette in Aldermanbury which will have 73 years left in November. What fees apply?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Aldermanbury, and my lease will reach 73 years this October. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I plan on buying a flat based in Aldermanbury. My offer is conditional upon a lease extension. The owner’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Clydesdale. Moreover, which are the following lease extension steps to complete the purchase?
  • I need to talk to you about a leasehold property in Aldermanbury, I am considering bidding at auction in the next few days. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.
  • I am about to view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 70 years remaining on the lease. It is also a repossession so I'm guessing that the lender will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • I would like some advice on leasehold property buying. We hope to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Aldermanbury area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • We would like to know the cost of a lease extension valuation for a property based in Aldermanbury. Would you be able to help?
  • I'm intent on acquiring a flat in Aldermanbury valued at £195,000 the flat has something like seventy two years remaining on the lease. My offer was conditional upon the lease being extended... .. that was back in September, hoping I'd have completed before Christmas. They have just informed the agent they are willing to reduce the price by£7k if I deal with the lease extension myself. I'm not sure whether that's a good idea
  • I have a lease of 70 years remaining on my flat in Aldermanbury. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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