Common questions relating to Farnborough Lease Extensions

  • I inherited a flat in Farnborough with a leasehold unexpired approximately seventy four years and need a lease extension. Please can you clarify the next steps
  • I have contacted my freeholder to extend my lease for my flat in Farnborough. His lawyers has been in contact concerning fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started April 1994.
  • Think I may have made an error, I am actually looking for a conveyancing practitioners in Farnborough who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • I am looking into the costs of carrying out a lease extension for my 2 bed flat in Farnborough, and would like some figures on that.
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Farnborough and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Lloyds TSB Bank to free up equity. My broker handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease started in 1991 and since then the ground rent has been raised from £38.00 per annum to £300 per year.
  • I'm looking for an apartment to buy in Farnborough and I'm not really familiar with the leasehold tenure. I've found a 2 bed flat I like with a 82 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Is this a given?
  • I am a FTB of a leasehold flat in Farnborough. The lease has only seventy eight years unexpired and ground rent is £50. Is it possible for the homeowner to serve the Notice of Claim and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait 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 may be possible but will it be very time consuming to the current owner? Unfortunately the landlord can not be found, so I am not sure how this will play out.
  • We would like to extend our lease. We will have been in the apartment for two years as of 11th March 2015. It has around 61 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as possible.
  • I am seeking advice as I am interested in a property that has only a sixety two year lease and therefore requires a lease extension. Can I call someone to go through my options please?
  • I'm living at parents but have a garden flat in Farnborough let out which has a 65 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Farnborough for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
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    Lease Extensions in Farnborough

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