Questions and Answers: Aldgate Lease Extensions

  • We agreed with the head landlord for a lease extension on our flat in Aldgate, 18k for a further 90yrs. How long will it take ?
  • Hi, I stumbled upon this site. I'm looking for prices on what a lease extension will cost for a three bedroom ground floor purpose built maisonette based in Aldgate. It's up for sale at the moment but has slightly less than seventy nine years left on the lease
  • I am looking to extend the lease on my studio flat in Aldgate which will have sixety eight years unexpired lease in August. What fees apply?
  • I am looking to buy a maisonette in Aldgate with a lease of 69 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.
  • I am in need of some help with a lease extension. I live in Dublin but the flat in question is based in Aldgate. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I have a leasehold property in Aldgate with seventy six years left on the lease. I need a property lawyers to help me get a lease extension. Can you assist?
  • My fiance and I are in the throws of buying a property (a ground floor flat based inAldgate with share of freehold). Throughout our search, we were always looking at flats that had a minimum eighty five years residual lease term. We came across a place we fell in love with and the estate agent assured that the lease term was not an issue. Yesterday our solicitors advised us the lease only has seventy one years and therefore needs a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I am currently negotiating a lease extension for my flat in Aldgate 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?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Aldgate
  • I have a lease of 66 years remaining on my flat in Aldgate. 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?

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