Maida Hill Lease Extensions: Q and A’s

  • 20,000 agreed with the landlord, just attempting to find a Maida Hill for a lease extension. Our flat has around sixety two yrsleft. What's your legal fee ?
  • We are in a building consisting of four flats in Maida Hill and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Maida Hill and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a remortgage with Leeds Building Society to release of equity. The broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease commenced in 1972 and since then the ground rent has been raised from £38.00 per annum to £200 per year.
  • I'm looking for a flat to purchase in Maida Hill and I'm not really familiar with the leasehold title. I've found a three bed flat I like with a 91 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Is this a given?
  • We have a residential flat in Maida Hill with 62 years to run. Last year we were quoted a deal to have a lease extension for a further fifty years but also increase ground rent from nominal to £300 per year..plus a premium I think of about 9k. Finally we have decided to proceed but do we now have to renegotiate?
  • Offer accepted on a a studio flat in Maida Hill, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer come through which states the lease as eighty years.Contracts were due to be exchanged in a couple of days. My question is how is possible that the estate agent got it so wrong?
  • I own a purpose-built apartment in a large block in Maida Hill. The leasehold interest in the flat on a 99 year lease started from 1 November 1970 with a non-reviewable yearly rent of 35. I would like to obtain a lease extension. Is it possible for me to call someone to go through my options please?
  • I am the freeholder of a property in Maida Hill and a leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My surveyor has recommended a much higher amount. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, 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 seventy four years remaining on my lease of a ground floor flat in Maida Hill, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • I'm looking for some advice with regard to a lease extension on my one bedroom second floor purpose built maisonette in Maida Hill. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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