Recently asked questions relating to Islington Lease Extensions

  • I bought a property in Islington and it has nearon 71 years left. I'd like to arrange a lease extension by twenty years
  • I am looking for a property lawyers in Islington and they should be on the Birmingham Midshires approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend a lawyers ?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Islington, and my lease will reach sixety one years this January. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I have my suspicions that my niece is being hoodwinked. She submitted an offer on a garden flat in Islington, where the lease is nearon 76 years but she was told by the selling agents that the homeowner had extended it to 125 years. She has now been advised the flat owner was holding off for her to appoint lawyers ahead of instigating the lease extension. Seems unscrupulous, also it may take months to sort it all out. What do you think?
  • We have a leasehold flat in Islington with seventy five years left. Last year we were quoted a deal to grant a lease extension for a further 25 years but also increase ground rent from notional to a little more..plus a premium I think of approximately 9k. Finally we have decided to move forward but do we now have to start the negotiations again?
  • My brother has a share of freehold, with two other leaseholders in a building in Islington. House converted into three flats. He has a lease, which has approximately seventy two yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • If a leaseholder 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 partner and I have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Islington. We have a 71 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount 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 lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I note that your website states the likely fee to extend a lease is £495. Is that the total cost including value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my studio flat in Islington
  • I have fivety nine years remaining on my lease of a ground floor flat in Islington, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
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    Lease Extensions in Islington

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