Frequently asked questions relating to Islington Lease Extensions

  • I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Islington - I wanted to see if with your services it is possible for this to be extended?
  • I acquired a garden flat located in Islington with a leasehold unexpired of fivety seven years. I am enquiring about what it will cost me to extend my lease term
  • I am looking to buy a maisonette in Islington with a lease of 64 years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I plan on buying a flat based in Islington. My offer is subject to the lease extension. The homeowner’s conveyancers has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Chelsea Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • We are selling our studio flat in Islington but we may need to extend the lease, or at least cover the expense of our purchaser. Are you able to suggest a solicitors to handle this?
  • I'm planning on buying a garden flat (leasehold) but the landlord has been absent for approximately 15yrs. My question is would it be less expensive to try to buy the freehold or to get a lease extension and apply for right to manage?
  • Last year I purchased a leasehold apartment in Islington. I have built a huge extension and have not informed the leaseholder. What are my options?
  • My apartment in Islington is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want to extend the lease. How much will it likely cost to get a lease extension by, say,ninety years
  • I'm intent on buying a flat in Islington at a price of £210,000 the flat has approaching sixety five years unexpired on the lease. My offer was subject to a lease extension... .. that was back in November, hoping I'd have moved in before Christmas. They have just come back saying that they are prepared to knock £3k off if I deal with the lease extension myself. I'm unsure whether that's a good idea
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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