Aldgate Lease Extensions

Questions and Answers: Aldgate Lease Extensions

I have an interest in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want to extend their leases and I'm enquiring about the procedure for this

The intention is to sell our 2 bed flat in Aldgate but we may need a lease extension, or possibly cover the expense of our buyers. Can you recommend a conveyancers to assist?

Regarding a leasehold in Aldgate. upper maisonette. 67 yrs left. I have negotiated a lease extension price of £12,000 for 125yrs. Freeholder also insisted on Section 42 Notice which I think is a tad over the top. Can you assist.

My husband and I have a one bedroom flat located in Aldgate. There is eighty years left on the lease and we want a lease extension. What will it likely cost to extend in this area by, say,thirty years

We have owned a leasehold flat for about fifteen years. It now has 66 years remaining on the lease. Following a year of protracted negotiations through my property lawyers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would welcome some independent thoughts.

I am the freeholder of a 1930’s property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy nine years. What are my next steps?

Just been over two years that I have been in my garden flat in Aldgate. I have 57 yrs outstanding on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Aldgate based solicitors or any will do fine?

Me and my husband have been in discussion with our freeholder after having a valuation on our two bedroom second floor purpose built flat in Aldgate. We have a sixety three year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.

Are you able to provide an estimate to extend my aunt’s lease on a garden flat in Aldgate. She recently got a figure from the freeholder for a lease extension but I am far from certain if it is too expensive.

I have 58 years remaining on my lease of a ground floor flat in Aldgate, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Aldgate