Lease Extensions in Catton

Common questions relating to Catton Lease Extensions

I am about to put an offer in on a maisonette in Catton with a lease of seventy six years but unsure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I am the owner of a maisonnette and the freehold of both flats. My downstairs neighbours have asked to extend the lease what do I need to do?

I have been in touch with my freeholder to extend my lease for my flat in Catton. His has been in contact with costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started April 1985.

The terms for the lease on my apartment in Catton are 101 years from 12 Feb 1980. Please supply me me a quote to extend the lease if I give you more specifics please?

Are you able to advise on the likely expense and the best way to get a lease extension started? I have about sixety two years unexpired lease and I own a three bedroom ground floor purpose built flat in Catton.

Re a leasehold in Catton. upper maisonette. 56 yrs left. I have an agreed lease extension to £14k for 125yrs. Landlord also requested Notice of Claim which I think should not be required. Advice required.

I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

We have owned a leasehold flat for about fifteen years. There are sixety five years left on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.

I am currently negotiating a lease extension for my flat in Catton 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?

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