Top Ten Questions relating to Marylebone Lease Extensions

  • We are looking for lease extension for our garden flat in Marylebone and we are confused by the communication that we got from our freehold company. How long will it take?
  • I bought a ground floor flat in Marylebone that I now cannot sell as a result of the lease requiring a lease extension. How long will it take ?
  • Do you only do lease extensions in Marylebone? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a .
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Marylebone, and my lease will reach 72 years this March. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • The terms for the lease on my apartment in Marylebone are 95 years from 1 Sep 1988. Please supply me me a quote to extend the lease if I give you more specifics please?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Marylebone, and would like some figures on that.
  • My mortgage provider requires a £500 fee for their for a "deed of substituted security" for the lease extension for my flat in Marylebone... I am unable to find any reference of this in my mortgage literature... is this a usual charge?
  • I am a landlord of a block of flats in Marylebone, and the lessees are in the process of being granted lease extensions. I should hopefully get funds within a month or so. As I am not on self assessment do I get in touch with HMRC ?
  • My husband and I have a ground floor flat in Marylebone with seventy six years to run. Ten months ago we were quoted a deal to have a lease extension for another 25 years but also increase ground rent from notional to £250 per year..plus a premium I think of about 14k. We have now decided to proceed but do we now have to renegotiate?
  • I know that others in the same block previously had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?

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