Common Edge Lease Extensions

Common Edge Lease Extensions: Q and A’s

40k agreed with the freeholder, just seeking to find a Common Edge for a lease extension. Our flat has circa 68 yearsleft. What's your legal fee ?

I invested in buying a property in Common Edge and it has around sixety six years remaining. I'd like to extend the lease period

I have got a leasehold flat in the Common Edge area and was curious whether I could get a lease extension. What are your processes and charges. Has seventy three years balance left

I am a FTB of a leasehold flat in Common Edge. The lease has just 73 years remaining and ground rent is £50. Is it possible for the vendor to serve the Notice of Claim and then transfer over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the current owner? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.

I am the freeholder of a 1930’s property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 78 years. What are my next steps?

I have a freehold of a one bedroom flat in Common Edge. The leaseholders have seventy four years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?

I'm looking at buying a flat in Common Edge valued at £210,000 the flat has just under fivety seven years unexpired on the lease. My offer was subject to a lease extension... .. that was back in June, hoping I'd have moved in before now. The seller has just come back saying they'll knock £4k off if I deal with the lease extension myself. I'm not sure whether that's a good idea

My wife and I are aware that others in the same block had already had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of not having formal survey and base the initial offer on on the prices by others . This would save on double valuation charges. Is this advisable?

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

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

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