Crofton Park Lease Extensions

Frequently asked questions relating to Crofton Park Lease Extensions

I have shares in the freehold of buildings comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm curious about the the process

I own a maisonnette together with the freehold of both flats. My downstairs neighbours have asked to extend the lease what do I need to do?

I have contacted my freeholder to extend my lease for my flat in Crofton Park. Her has been in contact with costs etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started May 1993.

I'm considering purchasing a three bedroom second floor purpose built maisonette (leasehold) but the freeholder has been missing for nearly 15yrs. My query is would it be less expensive to try to purchase the reversionary title or to extend lease and apply for RTM?

I am thinking about purchasing an auction property and found a studio flat in Crofton Park. It only has a 49 year lease..the vendor being mortgagees in possession will not want to mess around with seeking a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and reduced chance of getting a mortgage with The Mortgage Works?

My apartment in Crofton Park is up for sale and I have a hopefully firm offer. There is eighty one years left on the lease and I want to extend the lease. How much does it cost on average to extend in this location by, say,45 years

I own a purpose-built flat in a large development in Crofton Park. The leasehold interest in the apartment on a 99 year lease which commenced from 11th October 1969 with a non-reviewable yearly rent of 20. I would like to obtain a lease extension. Is it possible for me to talk with someone to discuss my options please?

If a leaseholder 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?

Me and my sister have been in discussion with our freeholder after having a valuation on our maisonette in Crofton Park. We have a seventy year lease and we wish to increase this to 99. The Freeholder has given 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 to handle this for us. Can you please provide me what your costs would be to act on our behalf.

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Crofton Park

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