Common questions relating to Gamlingay Lease Extensions

  • I have got a leasehold flat in the Gamlingay area and was wondering whether I could get a lease extension. What are your processes and fees. Has seventy three years unexpired
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 62 years residual lease term.
  • Think I may have made an error, I am actually looking for a in Gamlingay who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
  • I am considering whether to purchase the freehold or a lease extension of my property in Gamlingay and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Barclays to free up equity. The adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease commenced in 1979 and since then the ground rent has been raised from £25.00 per year to £100 per annum.
  • I own a leasehold flat in Gamlingay. I have built a huge extension and have not informed my freeholder. What are my options?
  • Regarding a leasehold in Gamlingay. GFF maisonette. 74 yrs remaining. I have an agreed lease extension to £14k for 135yrs. Freeholder also insisted on Notice of Claim which I think is a bit over the top. Can you assist.
  • I am looking to extend the lease on my garden flat in Gamlingay I am looking for a local company to calculate the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a Edwardian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 54 years. What are my next steps?
  • I'm looking for some advice concerning a lease extension on my flat. The intention is to do this sometime next year as we have to move 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. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • I am currently negotiating a lease extension for my flat in Gamlingay 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?

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