Common questions relating to Boston Lease Extensions

  • Do you only handle lease extensions in Boston? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a .
  • I am concerned that my niece is being hoodwinked. She submitted an offer on a garden flat in Boston, where the lease is around 75 years but she was advised by the estate agents that the vendor had extended it to 125 years. Only now has she been told the seller was waiting for her to retain conveyancers before commencing with the lease extension. Sounds odd to me, also it could take a while to sort it all out. Am I being too sceptical?
  • I own a share of the freehold. There are four apartments in the house. All the leaseholders are now looking for lease extensions. What are the timescales to grant a lease extension?
  • I intend to buy a one bed flat in Boston for asking price of 125k, which has sixety two years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am the owner of a purpose-built apartment located in a large block in Boston. The leasehold interest in the apartment on a ninety five year lease started on 21st October 1969 with a non-reviewable yearly rent of 45. I wish to obtain a lease extension. Can I talk with someone to discuss my options please?
  • Coming up to two years that I have owned my garden flat in Boston. I have fivety seven yrs outstanding on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Boston based or any will do fine?
  • Hello I own the freehold reversion in a 2 bedroom flat in Boston. The leaseholder has a 75 year lease and would like to purchase another 125 years. He is offering me £27,000 but I am unsure if this is too low an offer
  • Me and my sister are in the throws of buying a property (a three bed flat located inBoston with share of freehold). Throughout our search, we were always looking at flats that had a minimum eighty five years outstanding. We identified a place we liked and the estate agent assured that the lease term was not an issue. Today our advised us the lease only has 68 years and thus requires a lease extension. Do we walk away, or should 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?
  • My wife and I are aware that others in the same block previously had a lease extension, and the freeholder seemed reasonable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on on the prices by others . This would save on double valuation fees. Is this advisable?
  • Do you handle lease extensions on land? (a plot of land in Boston with 82yrs remaining)
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Boston