Questions and Answers: Chinatown Lease Extensions

  • Hello, I stumbled across your website. I'm seeking prices on what it cost to extend a lease of a one bedroom apartment located in Chinatown. It's on the market at the moment but has about 77 years of unexpired leasehold
  • I have got a leasehold flat in the Chinatown area and was curious whether I could get a lease extension. What are your processes and fees. There are sixety eight years remaining
  • I am looking to purchase a ground floor flat in Chinatown with a lease of 72 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am concerned that my daughter might have had the wool pulled over her eyes. She submitted an offer on a garden flat in Chinatown, where the lease is nearon seventy five years but she was informed by the estate agents that the seller had extended it to 99 years. She has now been informed the vendor was waiting for her to retain solicitors ahead of instigating the lease extension. Sounds devious, also it will take time to sort it all out. Am I being too sceptical?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?
  • My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • Me and my wife would like to know the cost of a lease extension valuation for a property based in Chinatown. Is this something you can help us with?
  • I am in need of some help with a lease extension. I live in Belfast but the property in question is based in Chinatown. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • My sister knows that others in the same building previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest such a course of action?
  • We currently own a one bedroom apartment in Chinatown and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety seven years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • Other Topics

    Lease Extensions in Chinatown

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