Longthorpe Lease Extensions: Q and A’s

  • We have just purchased a one bedroom apartment based inLongthorpe and I'm deliberating a lease extension as soon as practicable e.g. after two years
  • I need to talk to you about a flat in Longthorpe, I am thinking of bidding at auction in the next few days. The flat only has a few years unexpired lease and I was wondering about what it would cost to get a lease extension and for your services.
  • My wife and I have a leasehold flat in Longthorpe with 71 years to run. Ten months ago we were quoted a deal to receive a lease extension for another 25 years but also increase ground rent from nominal to £200 per annum..plus a premium I think of about 9k. Finally we have decided to proceed but do we now have to renegotiate?
  • I would like some help on purchasing a leasehold residence. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Longthorpe area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • I am the freeholder of a Georgian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety five years. What are my next steps?
  • I'm living at mother and father but have a studio flat in Longthorpe let out which has a 76 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Longthorpe for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
  • I have a leasehold property in Longthorpe with 67 years left on the lease. I need a to help me get a lease extension. Can you help?
  • I am the registered freeholder to two flats. Someone has the lease on the ground flat in Longthorpe. I live in the upper flat. I was looking at the title deeds yesterday when I noticed that my flat has a lease on it. There is 61 years residual lease term. If I want a lease extension then would I just be paying for the fees?
  • My wife and I are concerned about getting a lease extension from tricky landlord. Regardless of the fact that the correct procedures were followed under the appropriate legislation, the landlord still tried to charge ground rent of £200 doubling every twenty years of the new term. Can you assist?
  • I have 59 years remaining on my lease of a ground floor flat in Longthorpe, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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