Top Ten Questions relating to Hoxton Lease Extensions

  • I’ve just purchased a two bedroom first floor purpose built maisonette inHoxton and I'm thinking about extending the lease as soon as possible e.g. after two years
  • I just completed on a property in Hoxton and it has just over seventy three years unexpired. I'd like to arrange a lease extension by twenty years
  • I am looking at investing in a holiday home but it has a lease that expires in eighteen years. Its in Hoxton - I wanted to see if with your services this could be extended?
  • I'm looking for a flat to purchase in Hoxton and I'm not really familiar with the leasehold title. I've identified a maisonette I like with a 82 years lease. I've read that I can get a lease extension having owned the property for a couple of years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
  • Regarding a property in Hoxton. GFF maisonette. sixety two yrs remaining. I have negotiated a lease extension price of £20k for 125yrs. Landlord also requested Section 42 Notice which I think is a tad over the top. Advice required.
  • 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?
  • I own the freehold reversion of a property in Hoxton where the leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to face?
  • I know that others in the same block had already had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you suggest this course of action?
  • We currently own a one bedroom apartment in Hoxton and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety three years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • I have fivety four years remaining on my lease of a ground floor flat in Hoxton, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Hoxton

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