Questions and Answers: Farnham Royal Lease Extensions

  • I’ve just completed on a garden flat inFarnham Royal and I'm considering a lease extension as soon as I can e.g. in two years
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Farnham Royal, and my lease will reach seventy eight years this March. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I am a freeholder of a block of flats in Farnham Royal, and the leaseholders are in the process of being issued lease extensions. I anticipate receiving the money next week. As I am not on self assessment do I write to the tax authorities ?
  • My husband and I have a first floor flat in Farnham Royal with 70 years unexpired. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 10k. We have now decided to proceed but do we now have to renegotiate?
  • My wife and I have a GFF in Farnham Royal. There is 80 years remaining on the lease and we want a lease extension. What does it cost on average to extend in this area by, say,25 years
  • We are considering purchasing a two bedroom second floor purpose built flat in Farnham Royal which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • I am hoping to extend the lease on my one bed flat in Farnham Royal I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am currently negotiating a lease extension for my flat in Farnham Royal 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?
  • Do you handle lease extensions on land? (a plot of land in Farnham Royal with 82yrs remaining)
  • We have a two bedroom ground floor purpose built maisonette in Farnham Royal with a lease of 79 years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?

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