Frequently asked questions relating to Fallowfield Lease Extensions

  • Me and my wife have just acquired a maisonette located inFallowfield and I'm deliberating a lease extension as soon as I can e.g. in a couple of years
  • Do you only undertake lease extensions in Fallowfield? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a .
  • The terms for the lease on my apartment in Fallowfield are 95 years from 10 Sep 1988. Please give me a quote for a lease extension if I give you more details please?
  • I am a first time buyer of a leasehold flat in Fallowfield. The lease has just fivety four years unexpired and ground rent is £50. Is it possible for the owner to serve the Initial Notice and then assign over the right to me as the buyer on the day of completion so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the flat owner? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 71 years. I need a at my end. Can you advise please? I live near Fallowfield and have a mortgage with Santander.
  • My partner and I have been in discussion with our freeholder after having a valuation on our studio flat in Fallowfield. We have a 72 year lease and we wish to increase this to 99. The Freeholder has supplied 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 the lease extension.
  • Hi I own the freehold interest in a 2 bedroom flat in Fallowfield. The leaseholder has a 56 year lease and would like to purchase another 90 years. She is offering me £18,000 but I am unsure if this is too low an offer
  • We know that others in the same block had already had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation charges. Is this advisable?
  • I am currently negotiating a lease extension for my flat in Fallowfield as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • 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 Fallowfield
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Fallowfield