Mayfair Lease Extensions

Sample questions relating to Mayfair Lease Extensions

We are looking for lease extension for our apartment in Mayfair and we are confused by the communication that we got from our freehold company. What's your legal fee?

I purchased a property in Mayfair and it has nearly 60 years left. I'd like to arrange a lease extension by twenty years

I am looking for a lease extension on the lease on my one bedroom second floor purpose built maisonette in Mayfair which will have 69 years left in September. What fees are applicable?

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I would like to have my residential flat leasehold extension premium assessed. The flat is in Mayfair, and my lease will reach 62 years this December. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?

I have contacted my freeholder to extend my lease for my flat in Mayfair. Her has been in contact regarding costs etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started January 1984.

I am looking to buy a one bed flat in Mayfair for asking price of 145k, which has 79 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

I'm living at mother and father but have a maisonette in Mayfair let out which has a sixety five year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Mayfair for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?

My wife and I are aware that others in the same building previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on on the prices by others . This would save on double valuation fees. Is this advisable?

We have a garden flat in Mayfair with a lease of sixety eight years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?

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