Top Ten Questions relating to Exton Lease Extensions

  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has fivety eight years left.
  • I purchased a garden flat in Exton. The start date for the lease was in 1997 for 99 years. Now I am looking for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • We have a first floor flat in Exton with sixety five years to run. Ten months ago we were quoted a deal to receive a lease extension for a further thirty years but also increase ground rent from nominal to a little more..plus a premium I think of about 16k. Finally we have decided to proceed but do we now have to renegotiate?
  • I have a share of the freehold. There are five apartments in the building. All the leaseholders are now looking for lease extensions. How long will take to get a lease extension?
  • We would like to extend our lease having owned the place for two years as of 22nd May 2016. It has just over 54 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as possible.
  • My OH and I are proceeding with a purchase of a one bedroom ground floor purpose built maisonette in Exton. I was advised that the lease had been extended (seventy three years unexpired lease prior to extension). The sales particulars said "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The vendor supposedly has a quote but no funds to extend as a result the owner intends to exchange and use the 10% deposit to extend the lease. My question is why has this only just been brought to my attention by my conveyancers?
  • 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 doing it?
  • My OH and I have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Exton. We have a 76 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he 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 lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • It says on your website the anticipated fee to extend a lease is £495. Is that the total cost excluding vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my maisonette in Exton
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Exton
  • Other Topics

    Lease Extensions in Exton

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