Recently asked questions relating to Euston Lease Extensions

  • My name´s Milo. I’m property hunting in Euston I'm deliberating offering on a garden flat online, with just under 71 years remaining, how much will it likely cost to get a lease extension by, say, 45 years?
  • I'm deliberating over buying a two bedroom ground floor purpose built maisonette (leasehold) but the landlord has been absent for nearly 15yrs. I wonder whether it will be cheaper to try to buy the reversionary title or to extend lease and apply for RTM?
  • We purchased a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Euston and looking to do a vesting order. Is this something you can do for us?
  • What will it cost me and what is the best way to start the lease extension process? I have approximately 63 years outstanding on my lease on a ground floor flat in Euston. I have emailed the agent who represent the landlord and they sent me the number of the valuer. I telephone the surveyor but I am not receiving any returned calls.
  • I am the freeholder of a Edwardian 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 seventy eight years. What are my next steps?
  • Coming up to two years that I have owned my one bed flat in Euston. I have seventy years outstanding on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • We are are hoping to complete on a ground floor flat in Euston which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our conveyancers to do a "priority search" on the lease. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we must be patient until the lease extension has actually been registered before completing.?
  • Me and my OH are in the throws of buying a property (a garden flat inEuston with share of freehold). During our search, we were always looking at flats that had at least 83 years remaining. We found a place we fell in love with and the selling agent promised us that the lease term was not an issue. Today our solicitors told us the lease only has sixety one years and thus needs a lease extension. Do we run away, or should we negotiate our offer?
  • I'm looking for some advice with regard to a lease extension on my apartment. The plan is to do this in six months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • I know that others in the same building previously had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of not having formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
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    Lease Extensions in Euston

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