Carlton Lease Extensions: Q and A’s

  • I’m looking for lease extension for our apartment located in Carlton and we don't fully understand the letter that we got from our landlord company. How long will it take?
  • My name´s Hugo. I’m flat hunting in Carlton I'm thinking about offering on a garden flat online, with approximately 59 years outstanding, how much does it cost on average to get a lease extension by, say, ninety years?
  • I bought a flat in Carlton with a leasehold unexpired approximately seventy seven years and need to extend it. Please can you advise me of the next stages
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 77 years outstanding.
  • I purchased a ground floor flat in Carlton with a leasehold unexpired of fivety seven years. I am enquiring about how much I will need to spend to extend my lease
  • My neighbours and I are in a building containing five flats in Carlton and have been offered to buy the freehold for £6000 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 a FTB of a leasehold flat in Carlton. The lease has only 60 years balance left and ground rent is £50. Is it possible for the homeowner to serve the Section 42 Notice and then transfer over the right to me as the purchaser on the day of completion so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the homeowner? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.
  • We have been in discussion with our freeholder after having a valuation on our garden flat in Carlton. We have a 73 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a solicitors to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I am currently negotiating a lease extension for my flat in Carlton 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?
  • I have a lease of fivety nine years remaining on my flat in Carlton. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Carlton

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