FAQs concerning Exton Lease Extensions

  • I am the registered owner of a property in Exton and it has slightly more than 57 years balance left. I'd like to extend the lease period
  • I am about to put an offer in on a three bed flat in Exton with a lease of 55 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Exton, and my lease will reach sixety six years this April. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I'm thinking of buying a garden flat (leasehold) but the landlord has been missing for approximately 15yrs. My query is would it be less expensive to try to buy the reversionary title or to extend lease and apply for right to manage?
  • Me and my OH had entered into buying a three bedroom second floor purpose built flat in Exton. I was assured that the lease had been lengthened (64 years left 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 the lease has not been extended. The vendor apparently has a quote but no finances to extend and consequently the seller intends to exchange and use the my deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
  • We would like to know the cost of a lease extension valuation for a property based in Exton. Would you be able to help?
  • Just been over 2 years that I have been in my garden flat in Exton. I have 70 years unexpired lease on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancers 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 drags to the tribunal etc)?
  • If a leaseholder owns a flat with a lease of under 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?
  • We have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Exton. We have a fivety six year lease and we wish to increase this to 99. The Freeholder has provided 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 conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I have sixety four years remaining on my lease of a ground floor flat in Exton, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • 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