FAQs concerning Belmont Lease Extensions

  • My name´s Sam. I’m flat hunting in Belmont I'm thinking about offering on a ground floor flat online, with around sixety seven years remaining, how much will it likely cost to get a lease extension by, say, 45 years?
  • I bought a flat in Belmont with a leasehold unexpired around sixety two years and need to extend it. Please can you clarify the next stages
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Belmont, and my lease will reach 68 years this June. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I'm planning on purchasing a one bed flat (leasehold) but the freeholder has been missing for approximately 15yrs. My question is would it be cheaper to try to purchase the freehold or to get a lease extension and apply for right to manage?
  • We are considering buying a garden flat in Belmont which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • It says on your website the anticipated fee to extend a lease is £495. Is that the total cost excluding vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my two bedroom ground floor purpose built maisonette in Belmont
  • I'm looking at buying an apartment in Belmont valued at £210,000 the flat has approaching sixety two years left on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in June, expecting I'd have completed before Christmas. The seller has just informed me they are willing to knock £4k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • We are purchasing a three bedroom first floor purpose built maisonette in Belmont which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our property lawyers to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we must be patient pending registration of the new lease?
  • I have 58 years remaining on my lease of a ground floor flat in Belmont, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • Do you handle lease extensions on land? (a plot of land in Belmont with 82yrs remaining)

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