Sample questions relating to Forty Hill Lease Extensions

  • I have a lease of seventy nine years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I am the owner of a maisonnette and the freehold of both flats. My downstairs neighbours have asked for a lease extension what do I need to do?
  • I'm looking for a flat to purchase in Forty Hill and I'm not really familiar with the leasehold concept. I've identified a two bedroom first floor purpose built flat I like with a 87 years lease. My research reveals that I can apply for a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with the mortgage?
  • How much will it cost me and what is the best way to start the lease extension process? I have just under 69 years left on my lease on a three bed flat in Forty Hill. I have contacted the managing agents who represent the freeholder and they provided me with the number of the valuer. I telephone the surveyor but I am not receiving any returned calls.
  • My mortgage lender is requesting several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Forty Hill... I am unable to find any reference of this in my mortgage guide... is this a standard fee to pay?
  • My brother and I have owned a leasehold flat for around fifteen years. There are sixety five years outstanding on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate advice.
  • Me and my fiance have been in discussion with our freeholder after having a valuation on our one bed flat in Forty Hill. We have a sixety four year lease and we wish to increase this to 99. The Freeholder has given 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.
  • I'm looking at purchasing an apartment in Forty Hill at a price of £210,000 the flat has just under sixety seven years remaining on the lease. I put in an offer subject to a lease extension... .. that was back in June, hoping I'd be in before now. They have just informed the agent that they are prepared to reduce the price by£2k if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
  • I am the freeholder of a property in Forty Hill and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this to £10,000 without too much effort. My valuer has put forward a much higher figure. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to face?
  • We currently own a studio flat in Forty Hill and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety seven years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?

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