Questions and Answers: Bromley Lease Extensions

  • We agreed with the freeholder to a lease extension on our flat in Bromley, 7k for another 90yrs. Can you please help us with this situation ?
  • I inherited a property in Bromley and it has about sixety three years outstanding. I'd like to extend the lease period
  • I own a maisonnette and the freehold. My upstairs neighbours have asked to extend the lease what do I need to do?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Bromley, and my lease will reach 60 years this Septembmer. 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 invested in buying a garden flat in Bromley. The start date for the lease was in 1992 for 99 years. Now I am wanting for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am looking to either purchase the freehold or a lease extension of my property in Bromley and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Platform Home Loans Ltd to free up equity. The broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold acquisition .The lease began in 1981 and since then the ground rent has increased from £25.00 per annum to £200 per annum.
  • I am a freeholder of a block of flats in Bromley, and the tenants are in the process of being given lease extensions. I should hopefully get the money next month. Are there any tax implications, the property is in joint names with my partner ?
  • I am the freeholder of a Victorian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 72 years. What are my next steps?
  • I'm living with my parents but have a maisonette in Bromley let out which has a 55 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Bromley for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
  • We currently own a one bedroom apartment in Bromley and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety five years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Bromley