Questions and Answers: Luton Lease Extensions

  • I have an interest in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm wondering about the procedure for this
  • I am looking at investing in a second home but it has a lease that expires in fifteen years. Its in Luton - I wanted to see if with your services this could be extended?
  • The intention is to sell our GFF in Luton but we may need a lease extension, or possibly cover the expense of our buyers. Are you able to suggest a conveyancing practitioners to help us?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I commence the process, is this correct?
  • We have owned a leasehold flat for approximately eighteen years. It now has sixety three years unexpired lease on the lease. Following a year of protracted negotiations through my conveyancers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Luton. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the garden area.
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my one bedroom apartment in Luton
  • I am currently negotiating a lease extension for my flat in Luton as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Luton
  • I have a lease of fivety nine years remaining on my flat in Luton. 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?
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    Lease Extensions in Luton

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