Frequently asked questions relating to Castleton and Blacktown Lease Extensions

  • My name´s Rory. I’m flat hunting in Castleton and Blacktown I'm thinking about offering on a ground floor flat online, with circa 75 years left, how much does it cost on average to get a lease extension by, say, fifty years?
  • I'm wanting to make an offer on a house in Castleton and Blacktown but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Virgin Money giving us the mortgage now?
  • We are considering buying a garden flat in Castleton and Blacktown which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • My fiance and I would like to know the cost of a lease extension valuation for a property based in Castleton and Blacktown. Would you be able to help?
  • Hello I own the freehold reversion in a 2 bedroom flat in Castleton and Blacktown. The leaseholder has a 68 year lease and would like to purchase an additional 90 years. She is offering me £18,000 but I am not sure if this is in the right ballpark
  • We are worried about getting a lease extension from tricky landlord. Even though the legal procedures were adhered to under the 1993 Act, the landlord still attempted to get ground rent of £250 increasing by 100% every twenty years of the new term. Can you assist?
  • My wife and I are aware that others in the same block had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you recommend such a course of action?
  • I am currently negotiating a lease extension for my flat in Castleton and Blacktown 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 was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Castleton and Blacktown
  • I'm looking for some advice with regard to a lease extension on my studio flat in Castleton and Blacktown. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good property lawyers who specialises in lease extensions?
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    Lease Extensions in Castleton and Blacktown

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