Marchington Lease Extensions: Q and A’s

  • I acquired a property in Marchington and it has around 58 years remaining. I'd like to extend the lease period
  • Hello. I need a conveyancing practitioners to have a look at my lease extension prior to it being signed just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor amendments.
  • I am looking to buy a garden flat in Marchington with a lease of 71 years but have no idea how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • The intention is to sell our three bedroom first floor purpose built flat in Marchington but we may need to extend the lease, or possibly cover the expense of our purchaser. Are you able to recommend someone to undertake the legal formalities?
  • I bought a garden flat in Marchington. I am looking for a lease extension on the property. It is nearing 80 years. I would just like to know what your charges are and how long the process takes.
  • I am a landlord of a block of flats in Marchington, and the lessees are in the process of being given lease extensions. I anticipate receiving the money next week. As I am not on self assessment do I contact the tax authorities ?
  • I am looking at acquiring an auction property and came upon a studio flat in Marchington. It has just fifty year lease..the seller being mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and decreased chance of obtaining a mortgage with Barclays Direct?
  • My partner and I have a first floor flat in Marchington with 76 years to run. Last year we were quoted a deal to receive a lease extension for another fifty years but also uplift the ground rent from notional to a little more..plus a premium I think of about 16k. Finally we have decided to move forward but do we now have to start the negotiations again?
  • We currently own a one bed flat in Marchington and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 73 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • I have a lease of 78 years remaining on my flat in Marchington. 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 Marchington

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