Questions and Answers: Farringdon Lease Extensions

  • I’m about to offer on a one bedroom first floor purpose built flat to buy in the Farringdon area and was wondering how much would it cost to extend a lease? It has sixety eight years unexpired...
  • I am fairly sure that our property lawyers has advised us incorrectly concerning a lease extension and I want to find out how to complain
  • I am the registered owner of a property in Farringdon and it has just over seventy one years balance left. I'd like to arrange a lease extension by twenty years
  • I am looking to extend the lease on my studio flat in Farringdon which will have 71 years unexpired lease in November. What fees apply?
  • Is it possible to talk with you about an apartment in Farringdon, I am considering buying at auction in the next few days. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Farringdon and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously refinance with Barclays Direct to free up equity. My adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease commenced in 1991 and since then the ground rent has increased from £38.00 per annum to £200 per year.
  • I am a freeholder of a block of flats in Farringdon, and the lessees are in the process of being given lease extensions. I anticipate receiving funds next month. Are there any tax implications, the property is co-owned with my husband ?
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in Farringdon for a three bed flat - section 42 is already served?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bed flat in Farringdon
  • I'm looking for some advice with regard to a lease extension on my garden flat in Farringdon. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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