Sample questions relating to Gamlingay Lease Extensions

  • I’m about to offer on a one bedroom apartment to buy in the Gamlingay area and was wondering what the likely fees would be to extend a lease? It has 67 years as a balance left...
  • I need to extend my current lease can you assist? My investigation with the Land Registry reveal that it has 58 years outstanding
  • I inherited a maisonette in Gamlingay. The lease commenced in 1998 for 99 years. Now I am looking to extend the lease. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • My co-lessees and I are in a building containing three flats in Gamlingay and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • Me and my husband would like to know the cost of a lease extension valuation for a property based in Gamlingay. Is this something you can assist us with?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my studio flat in Gamlingay
  • I am the freeholder of a property in Gamlingay where the leaseholder has requested a lease extension. Her valuer has given a figure of £8,000, but has increased this by £2,000 at the drop of a hat. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to face?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bedroom second floor purpose built flat in Gamlingay
  • I'm looking for some advice with regard to a lease extension on my three bedroom second floor purpose built flat in Gamlingay. 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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