Bloomsbury Lease Extensions

Recently asked questions relating to Bloomsbury Lease Extensions

I acquired a flat in Bloomsbury with a leasehold unexpired just under sixety seven years and need to extend it. Please can you clarify the next steps

I have got a leasehold flat in the Bloomsbury area and was curious whether I could get a lease extension. What are your processes and fees. There are seventy seven years remaining

I need to extend my existing lease can you assist? I think it has 77 years unexpired

We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 798 years balance left so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any help would be much appreciated.

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I would like to have my residential flat leasehold extension premium assessed. The flat is in Bloomsbury, and my lease will reach seventy three years this August. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?

I am going to purchase a flat based in Bloomsbury. The offer is subject to the lease extension. The vendor’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?

I am looking for advice as I am interested in a property that has only a seventy three year lease and therefore requires a lease extension. Can I talk with someone to discuss my options please?

Me and my wife have owned a leasehold flat for approximately eighteen years. It now has fivety five years left on the lease. Following a year of difficult negotiations through my 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 LVT and would welcome advice.

I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Bloomsbury

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