Common Edge Lease Extensions

Common Edge Lease Extensions: Q and A’s

I bought a studio flat in Common Edge that I am now unable to sell as a result of the lease needing a lease extension. Are you able to help me with this situation ?

I’m about to offer on a one bedroom apartment to buy in the Common Edge area and was curious what the likely fees would be to extend a lease? It has 66 years left...

I am looking at investing in a holiday home but it has a lease that expires in fifteen years. Its in Common Edge - I wanted to see if with your services this could be extended?

I am about to put an offer in on a maisonette in Common Edge with a lease of 59 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.

I'm deliberating over purchasing a one bed flat (leasehold) but the freeholder has been missing for just under 15yrs. My question is would it be cheaper to try to purchase the freehold or to extend lease and apply for RTM?

We wish to extend our lease. We will have been in the apartment for 2 years as of 6th May 2016. It has circa 54 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.

We are proceeding with buying a ground floor flat in Common Edge. I was advised by the EA that the lease extension had already been completed while on a viewing (70 years unexpired lease prior to extension). The description on the listing stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The owner apparently has a quote but no funds to extend and consequently the vendor wants to exchange and use the deposit monies for the lease extension. My question is why has this only just been brought to my attention by my lawyers?

I own the freehold reversion of a property in Common Edge and a leaseholder would like a lease extension. Her valuer has provided a figure of £8,000, but has upped this to £10,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?

I am currently in the process of refinancing my one bedroom apartment in Common Edge and the next lender that I am looking to move to requires at least 80 years remaining on the lease in order for them to take the mortgage forward. We currently have around sixety one years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bed flat in Common Edge

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