Recently asked questions relating to Hermitage Lease Extensions

  • My name´s Dylan. I’m property hunting in Hermitage I'm considering offering on a garden flat online, with around 65 years unexpired lease, how much will it likely cost to get a lease extension by, say, twenty years?
  • I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. 2 of the leasehold owners want a lease extension and I'm wondering about the procedure for this
  • I inherited a property in Hermitage and it has circa 79 years residual lease term. I'd like to arrange a lease extension by twenty years
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 64 years outstanding.
  • I'm considering purchasing a three bed flat (leasehold) but the landlord has been absent for around 15yrs. My question is would it be cheaper to try to purchase the freehold or to extend lease and apply for right to manage?
  • I am a freeholder of a block of flats in Hermitage, and the lessees are in the process of being issued lease extensions. I should hopefully get the money next week. As I am not on self assessment do I write to HMRC ?
  • Me and my partner have owned a leasehold flat for about fifteen years. It now has seventy eight years remaining on the lease. Following a year of protracted negotiations through my property lawyers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate advice.
  • I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Hermitage. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I note that your website states the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Hermitage
  • We are in the throws of buying a home (a maisonette inHermitage with share of freehold). Throughout our search, we were always looking at properties that had a minimum 83 years balance left. We came across a apartment we liked and the selling agent promised us that the lease term was not an issue. Yesterday our solicitors advised us the lease only has 58 years and thus needs a lease extension. Should we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
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    Lease Extensions in Hermitage

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