Lease Extensions in Audley

Common questions relating to Audley Lease Extensions

I have a lease of 71 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 the registered owner of a one bedroom apartment in Audley. I am looking for a lease extension on the property. It is approaching 80 years. I would just like to know what your charges are and how long the process takes.

I'm looking for an apartment to purchase in Audley and I'm not really familiar with the leasehold tenure. I've identified a maisonette I like with a 90 years lease. My research reveals that I can go for a lease extension after 2 years, but:- Is this a given?

I will soon view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has sixety three years remaining on the lease. It is also a repo so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?

Regarding a property in Audley. lower maisonette. 65 yrs unexpired. I have an agreed lease extension to £14k for 135yrs. Freeholder also insisted on Section 42 Notice which I think is a bit over the top. Can you assist.

My wife and I have a first floor flat in Audley with sixety six years left. Ten months ago we were quoted a deal to grant a lease extension for another thirty years but also increase ground rent from notional to £300 per year..plus a premium I think of approximately 16k. We have now decided to move forward but do we now have to start the negotiations again?

I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

I am planning on remortgaging my garden flat in Audley and the bank that I am looking to switch to needs at least 80 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around 58 years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension

We have a ground floor flat in Audley with a lease of seventy years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

I have a lease of fivety eight years remaining on my flat in Audley. 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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