Brompton Lease Extensions

Questions and Answers: Brompton Lease Extensions

I am seeking a lease extension for our ground floor flat based in Brompton and we are confused by the communication that we received from our landlord company. Can you please help us with this situation?

So this is the scenario: I invested in buying a one bedroom apartment in Brompton that I now cannot sell as a result of the lease needing a lease extension. How long will it take ?

I bought a flat in Brompton with a leasehold unexpired around sixety four years and need a lease extension. Please can you advise me of the next stages

I am about to put an offer in on a maisonette in Brompton with a lease of 55 years but unsure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.

My co-lessees and I are in a block of four flats in Brompton and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

I am looking at bidding for an auction property and identified a two bed flat in Brompton. It has just fifty-one year lease..the vendor as mortgagees in possession dont want the aggravation of applying for a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Accord Mortgages Ltd?

I am looking to buy a one bed flat in Brompton for asking price of 145k, which has seventy three years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

I am looking for advice as I am interested in a property that has only a 75 year lease and therefore requires a lease extension. Is it possible for me to call someone to go through my options please?

I'm living at parents but have a three bedroom second floor purpose built flat in Brompton let out which has a seventy two 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 Brompton 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 19k. Not sure sure whether to hold on or sell the flat?

I require an estimate to extend my mum’s lease on a maisonette in Brompton. She recently got a price from the freeholder for a lease extension but I am not sure it is too high.

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