Frequently asked questions relating to Childs Hill Lease Extensions

  • Hello, I stumbled across your site. I'm seeking prices on what it cost to extend a lease of a one bedroom apartment in Childs Hill. It's on the market at the moment but has just over 78 years left on the lease
  • We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 798 years remaining so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any suggestions would be much appreciated.
  • I have a lease of 55 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • 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 have been in touch with my freeholder to extend my lease for my flat in Childs Hill. Her conveyancing practitioners has been in contact concerning charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started March 1993.
  • My nephew has a share of freehold, with two other leaseholders in a building in Childs Hill. House converted into three flats. He has a lease, which has around 67 yrs remaining. How much would it cost for a lease extension and how many years would he need to extend by?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 65 years. I need a lawyers at my end. Can you advise please? I live near Childs Hill and have a mortgage with Nationwide Building Society.
  • Me and my husband have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Childs Hill. We have a seventy four year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she 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 lawyers 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 Childs Hill 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 one bedroom apartment in Childs Hill

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