Questions and Answers: Canton Lease Extensions

  • I bought a ground floor flat located in Canton with a leasehold unexpired of sixety seven years. I am curious about how much I will need to spend to extend my lease term
  • I am looking to purchase a garden flat in Canton with a lease of seventy three years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am the owner of a maisonnette and the freehold of both flats. The owners of the downstairs flat have asked for a lease extension what do I need to do?
  • I am looking into the costs of carrying out a lease extension for my studio flat in Canton, and would like some figures on that.
  • I'm looking for an apartment to buy in Canton and I'm not really familiar with the leasehold tenure. I've identified a studio flat I like with a 90 years lease. I've read that I can apply for a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with the mortgage?
  • Me and my fiance have owned a leasehold flat for about eighteen years. It now has 74 years unexpired lease on the lease. After a year of protracted negotiations through my lawyers and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would appreciate advice.
  • I am hoping to extend the lease on my garden flat in Canton I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am in need of some help with a lease extension. I live in Belfast but the property in question is based in Canton. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm looking at acquiring a flat in Canton valued at £210,000 the flat has just under 61 years unexpired on the lease. My offer was conditional upon the lease being renewed... .. that was back in November, expecting I'd have completed by now. They have just informed the agent they are willing to knock £5k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • I am currently negotiating a lease extension for my flat in Canton 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 Canton

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