Sample questions relating to King's Cross Lease Extensions

  • 20,000 agreed with the landlord’s agents, just trying to find a King's Cross conveyancers for a lease extension. Our lease has nearly 59 yrsoutstanding. How long will this take ?
  • I inherited a flat in King's Cross with a leasehold unexpired about seventy three years and need a lease extension. Please can you clarify the next steps
  • I bought a property in King's Cross and it has nearon sixety nine years remaining. I'd like to extend the lease period
  • I acquired a ground floor flat in King's Cross. The start date for the lease was in 2001 for 99 years. Now I am looking for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I'm planning on purchasing a ground floor flat (leasehold) but the landlord has been missing for around 15yrs. My question is would it be cheaper to try to acquire the reversionary title or to extend lease and apply for right to manage?
  • I'm looking for an apartment to buy in King's Cross and I'm not really familiar with the leasehold tenure. I've identified a place I like with a 90 years lease. I've read that I can go for a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Godiva Mortgages Ltd?
  • I am a first time buyer of a leasehold flat in King's Cross. The lease has only 61 years residual lease term and ground rent is £25. Is it possible for the vendor to serve the Notice of Claim and then transfer this right to me as the buyer on the day of completion so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the owner? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.
  • I have a flat in King's Cross with 72 years unexpired on the lease. I need a conveyancers to help me achieve a lease extension. Can you help?
  • I'm looking at buying a flat in King's Cross valued at £256,000 the flat has approaching 58 years left on the lease. I put in an offer subject to a lease extension... .. that was back in August, hoping I'd be in by Christmas. The seller has just come back saying that they are prepared to knock £5k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • We are hoping to acquire a flat (a maisonette based inKing's Cross with share of freehold). Throughout our search, we were always looking at apartments that had a minimum ninety years outstanding. We found a place we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Yesterday our conveyancers told us the lease only has 63 years and thus requires a lease extension. Should 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?
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    Lease Extensions in King's Cross

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