Questions and Answers: Collier Row Lease Extensions

  • Hello, I just randomly found this site. I'm seeking prices on what a lease extension will cost for a two bedroom first floor purpose built flat located in Collier Row. It's up for sale at the moment but has circa sixety five years left on the lease
  • I have got a leasehold flat in the Collier Row area and was curious if I could obtain a lease extension. What are your processes and fees. Has 57 years left
  • I am looking into the costs of carrying out a lease extension for my GFF in Collier Row, and would like some figures on that.
  • We acquired a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Collier Row and looking to do a vesting order. Is this something you can do for us?
  • How much will it cost me and what is the best way to get a lease extension started? I have circa sixety four years outstanding on my lease on a garden flat in Collier Row. I have emailed the agent who act on behalf of the head landlord and they provided me with the number for the surveyor. I left a phone message for the valuer but I am not receiving any calls back.
  • Me and my fiance are considering purchasing a maisonette in Collier Row which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • Me and my partner had entered into a purchase of a ground floor flat in Collier Row. I was advised by the EA that the lease extension had already been completed while on a viewing (68 years unexpired lease prior to extension). The sales particulars stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The current owner supposedly has a quote but no money to extend and consequently the owner wants to exchange and use the my deposit to extend the lease. My question is how is possible that the estate agent got it so wrong?
  • I'm living at parents but have a studio flat in Collier Row let out which has a 66 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Collier Row for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Collier Row. I live in the upper flat. I was reviewing the land registry documents yesterday when I noticed that my flat has a lease on it. There is seventy years left. If I want to do a lease extension then would I simply be paying for the conveyancing practitioners fees?

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