Questions and Answers: Aldershot Lease Extensions

  • I have a lease of 61 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 about to put an offer in on a 2 bed flat in Aldershot with a lease of seventy years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • We bought a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Aldershot and looking to do a vesting order. Is this something you can handle for us?
  • I am thinking about buying an auction property and found a two bed flat in Aldershot. It has just 50 year lease..the current owner being mortgagees in possession dont want to mess around with applying for a lease extension..what are the disadvantages of this other than the costly fee to extend the lease and decreased chance of obtaining a mortgage with Bank of Scotland?
  • We have a residential flat in Aldershot with 70 years left. Last year we were quoted a deal to grant a lease extension for a further 25 years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 9k. Finally we have decided to proceed but do we now have to start the negotiations again?
  • I have a share of the freehold. There are five apartments in the block. All the leaseholders are now looking for lease extensions. What are the timescales to grant a lease extension?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • I'm hoping for some assistance with regard to a lease extension on my apartment. The intention is to do this next summer as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. You are able to recommend a good conveyancers who specialises in lease extensions. Ideally someone in Aldershot area?
  • We currently own a maisonette in Aldershot and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 64 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • Do you handle lease extensions on land? (a plot of land in Aldershot with 82yrs remaining)
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    Lease Extensions in Aldershot

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