Frequently asked questions relating to March Lease Extensions

  • My name´s William. I’m property hunting in March I'm seeing a one bedroom apartment online, with circa fivety seven years unexpired lease, how much does it cost on average to get a lease extension by, say, twenty years?
  • I have got a leasehold flat in the March area and was wondering if I could obtain a lease extension. What are your processes and charges. Has sixety three years residual lease term
  • The terms for the lease on my apartment in March are 95 years from 15 Dec 1988. Can you supply me me a quote to extend the lease if I give you more details please?
  • I am looking into the costs of carrying out a lease extension for my first floor flat in March, and would like some figures on that.
  • In 2012 I purchased a leasehold apartment in March. I have built a big extension and have not informed the leaseholder. What should I do?
  • I will soon view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has fivety eight years residual lease term on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am concerned that my daughter might have had the wool pulled over her eyes. She submitted an offer on a two bedroom first floor purpose built maisonette in March, where the lease is around seventy eight years but she was told by the estate agents that the vendor had extended it to 99 years. Only now has she been advised the seller was waiting for her to retain solicitors prior to commencing with the lease extension. Sounds underhand, also it will take a while to sort it all out. What do you think?
  • My wife and I have a first floor flat in March with 75 years to run. Last year we were quoted a deal to grant a lease extension for another thirty years but also uplift the ground rent from nominal to £300 per year..plus a premium I think of approximately 9k. We have now decided to go ahead but do we now have to start the negotiations again?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
  • I have sixety four years remaining on my lease of a ground floor flat in March, the Landlord requires a £18k 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 March