Frequently asked questions relating to King's Cross Lease Extensions

  • I agreed with the freeholder for a lease extension on our flat located in King's Cross, 15.5k for a further 90yrs. What's your solicitors fee ?
  • I bought a flat in King's Cross with a leasehold unexpired around 55 years and need a lease extension. Please can you advise me of the next steps
  • I am looking to extend the lease on my three bed apartment in King's Cross which will have seventy two years outstanding in November. What fees are applicable?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has sixety seven years residual lease term.
  • I'm looking for an apartment to purchase in King's Cross and I'm not really familiar with the leasehold concept. I've identified a maisonette I like with a 91 years lease. My research reveals that I can get a lease extension having owned the property for 2 years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
  • My wife and I are considering purchasing a one bedroom second floor purpose built flat in King's Cross which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in King's Cross for a three bed flat - sec 42 having been issued?
  • We are in the throws of buying a home (a one bedroom apartment inKing's Cross with share of freehold). Throughout our search, we were always looking at properties that had a minimum eighty five years left. We identified a place we liked and the selling agent promised us that the lease term was not an issue. Yesterday our informed us the lease only has seventy eight years and thus needs a lease extension. Do we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I own the freehold reversion of a property in King's Cross and a leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this by £2,000 without too much effort. 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 tribunal, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to incur?
  • I have a lease of seventy nine years remaining on my flat in King's Cross. 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 King's Cross