FAQs concerning Canons Park Lease Extensions

  • I acquired a flat in Canons Park with a leasehold unexpired nearon 79 years and need to extend it. Please can you clarify the next stages
  • I have got a leasehold flat in the Canons Park area and was enquiring if I could obtain a lease extension. What are your processes and charges. There are sixety eight years balance left
  • I am about to put an offer in on a two bedroom ground floor purpose built maisonette in Canons Park with a lease of seventy nine years but unsure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • How much will I need to spend and what is the best way to start the lease extension process? I have around sixety six years remaining on my lease on a garden flat in Canons Park. I have called the managing agents who act on behalf of the head landlord and they gave me the number of the valuer. I have contacted the surveyor but I am not getting any kind of response.
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy nine years. I need a at my end. Can you advise please? I live near Canons Park and have a mortgage with Chelsea Building Society.
  • My fiance and I would like to know the cost of a lease extension valuation for a property based in Canons Park. Would you be able to help?
  • I'm looking at buying an apartment in Canons Park at a price of £256,000 the flat has something like 75 years remaining on the lease. I put in an offer conditional upon a lease extension... .. that was back in September, expecting I'd have moved in before Christmas. The owner has just come back saying they'll reduce the price by£2k if I deal with the lease extension myself. I'm not sure whether that's a good idea
  • My nephew is aware that others in the same building had already had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
  • We currently own a one bed flat in Canons Park 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 seventy six years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Canons Park as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Canons Park