Recently asked questions relating to Melbourne Lease Extensions

  • I have just acquired a one bedroom apartment inMelbourne and I'm deliberating extending the lease as soon as practicable e.g. after 24 months of ownership
  • My partner has an apartment based in Melbourne which we have just put on the market. The leasehold has nearly 56 years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • I need to extend my current lease can you assist? I think it has fivety four years left
  • I have a lease of seventy four years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I am looking into the costs of carrying out a lease extension for my ground floor flat in Melbourne, and would like some figures on that.
  • We purchased a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Melbourne and are therefore thinking about the option of a vesting order. Is this something you can handle for us?
  • Last year I purchased a leasehold flat in Melbourne. I have built a large extension and have not informed the freeholder. What should I do?
  • I am a first time buyer of a leasehold flat in Melbourne. The lease has only 56 years remaining and ground rent is £50. Is it possible for the seller to serve the Notice of Claim and then assign over the right to me as the purchaser on the day of completion so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the owner? Unfortunately it’s the case of an missing landlord, so I am not sure how this will play out.
  • I am the owner of a purpose-built flat in a large block in Melbourne. The leasehold interest in the apartment on a ninety five year lease started on 30th August 1970 with a fixed ground rent of £25 per annum. I would like to obtain a lease extension. Can I talk with someone to discuss my options please?
  • I have sixety years remaining on my lease of a ground floor flat in Melbourne, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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