FAQs concerning Hope Lease Extensions

  • I’m about to offer on a one bedroom apartment to purchase in the Hope area and was curious how much would it cost for a lease extension? It has seventy years unexpired...
  • I invested in buying a property in Hope and it has approximately seventy years left. I'd like to arrange a lease extension by twenty years
  • I need to negotiate a lease extension for a flat in Hope and want to use a local property lawyers. Is there a conveyancers that you can recommend?
  • My neighbours and I are in a building of four flats in Hope and have been offered to buy the freehold for 8k 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?
  • I need to talk to you about a flat in Hope, I am thinking of buying at auction next week. The flat has a short lease and I was wondering about what it would cost to get a lease extension and for your services.
  • Are you able to advise on the likely cost and the best way to start the lease extension process? I have just under 64 years left and I own a ground floor flat in Hope.
  • I intend to buy a one bed flat in Hope for asking price of 145k, which has seventy nine years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Hope
  • We are hoping to purchase a flat (a studio flat inHope with share of freehold). Throughout our search, we were always looking at apartments that had at least eighty five years unexpired. We found a flat we liked and the estate agent promised us that the lease was long albeit not specifying a number. This morning our property lawyers advised us the lease only has sixety seven years and therefore needs a lease extension. Do we walk away, or do we negotiate our offer?
  • I am planning on refinancing my one bed flat in Hope and the bank that I am looking to move to needs a minimum 80 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around 67 years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension
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    Lease Extensions in Hope

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