Recently asked questions relating to Euston Lease Extensions

  • My name´s James. I’m house hunting in Euston I'm seeing a garden flat online, with slightly more seventy three years remaining, how much does it cost on average to get a lease extension by, say, 35 years?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Euston, and my lease will reach 73 years this February. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I plan on buying a flat in Euston. The offer is subject to the lease extension. The seller’s conveyancers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Alliance & Leicester . Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking to either purchase the freehold or a lease extension of my property in Euston and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Accord Mortgages Ltd to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease began in 1979 and since then the ground rent has increased from £38.00 per annum to £125 per annum.
  • I'm looking for an apartment to buy in Euston and I'm not really familiar with the leasehold arrangement. I've identified a one bedroom apartment I like with a 87 years lease. I've read that I can get a lease extension after 2 years, but:- Is this a given?
  • Offer accepted on a a ground floor flat in Euston, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer come through which states the lease as 85 years.We are about to exchange contracts within a week. My query is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • I am the freeholder of a Georgian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy eight years. What are my next steps?
  • We would like to know the cost of a lease extension valuation for a property based in Euston. Would you be able to help?
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Euston. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm intent on purchasing a flat in Euston at a price of £256,000 the flat has something like fivety six years left on the lease. My offer was conditional upon a lease extension... .. that was back in June, hoping I'd have completed by Christmas. They have just informed the agent they are willing to knock £3k off if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
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    Lease Extensions in Euston

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