Common questions relating to Aldersgate Lease Extensions

  • My partner and I have just purchased a ground floor flat located inAldersgate and I'm thinking about a lease extension as soon as practicable e.g. after a couple of years
  • I inherited a maisonette in Aldersgate that I am now unable to sell due to the lease requiring a lease extension. What's your solicitors fee ?
  • I have an interest in the freehold of buildings comprising of 8 flats each. Two of the leaseholders want a lease extension and I'm curious about the the process
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I acquired a two bedroom first floor purpose built flat in Aldersgate. The lease started in 1997 for 99 years. Now I am looking for a lease extension. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
  • I invested in buying a one bedroom second floor purpose built maisonette in Aldersgate. I am looking for a lease extension on the property. It is circa 80 years. I would just like to know what your charges are and how long the process takes.
  • I am looking to either purchase the freehold or a lease extension of my property in Aldersgate and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with TSB to release of equity. The broker handling the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease started in 1972 and since then the ground rent has increased from £38.00 per year to £300 per annum.
  • I am thinking about bidding for an auction property and identified a studio flat in Aldersgate. It only has a 48 year lease..the seller being mortgagees in possession dont want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and reduced chance of getting a mortgage with Aldermore?
  • My apartment in Aldersgate is up for sale and I have a hopefully firm offer. There is 82 years left on the lease and I want to extend the lease. How much does it cost on average to get a lease extension by, say,twenty years
  • I am planning on remortgaging my one bedroom second floor purpose built maisonette in Aldersgate and the next lender that I am looking to move to needs a minimum 80 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around 56 years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Aldersgate