Histon Lease Extensions

Histon Lease Extensions: Q and A’s

We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 899 years remaining so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any feedback would be much appreciated.

I am the registered owner of a one bed flat in Histon. The start date for the lease was in 1992 for 99 years. Now I am looking to extend the lease. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?

We have a leasehold flat in Histon with sixety one years left. Ten months ago we were quoted a deal to receive a lease extension for another fifty years but also increase ground rent from notional to £200 per annum..plus a premium I think of about 14k. Finally we have decided to go ahead but do we now have to renegotiate?

My dad has a share of freehold, with two other leaseholders in a building in Histon. House split into three flats. He has a lease, which has about 68 yrs left. How much would it cost for a lease extension and how many years would he need to extend by?

I do not need a lease extension but I do require a vesting order on a property I want to buy in Histon. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the rear garden.

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?

My brother and I have been in discussion with our freeholder after having a valuation on our maisonette in Histon. We have a fivety six year lease and we wish to increase this to 99. The Freeholder has provided 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.

Just a quick question, how much does it cost for a lease extension on a residential property in Histon for a one bed flat - sec 42 is already in place?

I require an estimate to extend my aunt’s lease on a one bedroom apartment in Histon. She recently got a figure from the landlord for a lease extension but I am not sure it is reasonable.

I have a lease of 72 years remaining on my flat in Histon. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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