FAQs concerning Gerrards Cross and Chalfont Lease Extensions

  • My wife has an apartment based in Gerrards Cross and Chalfont which we have just put on the market. The leasehold has slightly less than seventy eight years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • Do you only handle lease extensions in Gerrards Cross and Chalfont? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a lawyers.
  • I am looking for a solicitors in Gerrards Cross and Chalfont and they should be on the TSB approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend a conveyancing practitioners ?
  • I am looking to purchase a three bedroom second floor purpose built maisonette in Gerrards Cross and Chalfont with a lease of 77 years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I have a leasehold apartment in Gerrards Cross and Chalfont. I have built a big extension and have not informed my leaseholder. What should I do?
  • I am a first time buyer of a leasehold flat in Gerrards Cross and Chalfont. The lease has just 60 years outstanding and ground rent is £25. Is it possible for the owner to serve the Initial Notice and then assign over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the flat owner? To add to the complexity the freeholder can not be found, so I am not sure how does it work.
  • Just been over two years that I have owned my garden flat in Gerrards Cross and Chalfont. I have seventy years left on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • If somebody owns a flat with a lease of under 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?
  • Me and my wife have been in discussion with our freeholder after having a valuation on our studio flat in Gerrards Cross and Chalfont. We have a 73 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he 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 property lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bed flat in Gerrards Cross and Chalfont
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    Lease Extensions in Gerrards Cross and Chalfont

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