Recently asked questions relating to Canterbury Lease Extensions

  • My name´s Jonathan. I’m flat hunting in Canterbury I'm seeing a two bedroom ground floor purpose built flat online, with roughly 63 years remaining, how much does it cost on average to get a lease extension by, say, 35 years?
  • I am looking into the costs of carrying out a lease extension for my three bedroom second floor purpose built maisonette in Canterbury, and would like some figures on that.
  • We invested in buying a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Canterbury and looking to do a vesting order. Is this something you can help us with?
  • I am about to view a two bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has sixety one years residual lease term on the lease. It is also a repo so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am a freeholder of a block of flats in Canterbury, and the tenants are in the process of being given lease extensions. I should hopefully get funds next week. How does the tax work, the property is co-owned with my partner ?
  • We would like to extend our lease. We will have been in the flat for two years as of 13th March 2016. It has about sixety three years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as is reasonably achievable.
  • Offer accepted on a a garden flat in Canterbury, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer come through which states the lease as eighty years.We are about to exchange contracts within a week. My question is Is it not odd that my property lawyers didn't pick this up far earlier than just before exchange?
  • We would like to know the cost of a lease extension valuation for a property based in Canterbury. Would you be able to help?
  • I know that others in the same block previously had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
  • I am currently negotiating a lease extension for my flat in Canterbury 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?
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    Lease Extensions in Canterbury

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