Brough Lease Extensions: Q and A’s

  • My name´s Jack. I’m property hunting in Brough I'm seeing a ground floor flat online, with slightly more sixety six years left, how much will it likely cost to get a lease extension by, say, fifty years?
  • I acquired a property in Brough and it has around 61 years unexpired. I'd like to extend the lease period
  • I bought a maisonette in Brough. The start date for the lease was in 1991 for 99 years. Now I am looking to extend the lease. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • I need to talk to you about a leasehold property in Brough, I am thinking of bidding at auction next week. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.
  • I have a leasehold apartment in Brough. I have built a large extension and have not informed the freeholder. What should I do?
  • We have a residential flat in Brough with 79 years left. Ten months ago we were quoted a deal to receive a lease extension for a further 25 years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 16k. Finally we have decided to move forward but do we now have to start the negotiations again?
  • We wish to extend our lease having owned the flat for two years as of 22nd Feb 2015. It has around seventy one years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.
  • I an interested in finding out more about leasehold property buying. We hope to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Brough area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • My wife and I have owned a leasehold flat for about eighteen years. It now has 58 years remaining 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 appreciate some independent thoughts.
  • Coming up to two years that I have been in my one bedroom apartment in Brough. I have sixety nine years left on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 342K, it is now roughly 445k. 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: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?

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