Castelnau Lease Extensions: Q and A’s

  • We have just purchased a one bedroom apartment based inCastelnau and I'm considering a lease extension as soon as I can e.g. after two years
  • I think our has advised us incorrectly concerning a lease extension and I would like to know how to complain
  • I am looking for a lease extension on the lease on my garden flat in Castelnau which will have 55 years outstanding in January. What fees do you charge for this?
  • I'm looking for a flat to purchase in Castelnau and I'm not really familiar with the leasehold tenure. I've found a one bedroom second floor purpose built maisonette I like with a 82 years lease. I've read that I can get a lease extension after a couple of years, but:- Should I anticipate any issue with my proposed mortgage lender Nottingham Building Society?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around fivety six years. I need a at my end. Can you advise please? I live near Castelnau and have a mortgage with Norwich and Peterborough Building Society.
  • Just been over 2 years that I have been in my studio flat in Castelnau. I have 70 yrs outstanding on the lease. I am now looking either to purchase a share of freehold or a lease extension. I purchased the property for 320K, 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: In terms of surveyors - how do I go about finding one?
  • My brother and I have been in discussion with our freeholder after having a valuation on our two bedroom ground floor purpose built maisonette in Castelnau. We have a seventy four year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure 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 to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I own the freehold reversion of a property in Castelnau and a leaseholder has requested a lease extension. Her valuer has suggested a figure of £8,000, but has upped this by £2,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to face?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Castelnau
  • I have a lease of 57 years remaining on my flat in Castelnau. 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?

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