Recently asked questions relating to Millbank Lease Extensions

  • My name´s James. I’m flat hunting in Millbank I'm seeing a garden flat online, with just over seventy eight years left, how much does it cost on average to extend in this location by, say, 45 years?
  • I’m just looking for a two bedroom ground floor purpose built maisonette to purchase in the Millbank area and was interested in finding out how much would it cost to extend a lease? It has 67 years left...
  • I invested in buying a flat in Millbank with a leasehold unexpired circa seventy one years and need to extend it. Please can you advise me of the next steps
  • My partner has an apartment based in Millbank which we have just put on the market. The leasehold has just over seventy years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • Do you only do lease extensions in Millbank? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a conveyancing practitioners.
  • Hi. I need someone to review my lease extension prior to it being completed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • We are proceeding with buying a studio flat in Millbank. I was told that the lease had been lengthened (sixety nine years unexpired lease prior to extension). The sales particulars stated "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The owner supposedly has a quote but no money to extend as a result the current owner wants to exchange and use the deposit monies to extend the lease. My question is why has this only just been brought to my attention by my conveyancing practitioners?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 58 years. I need a property lawyers at my end. Can you advise please? I live near Millbank and have a mortgage with National Westminster Bank.
  • We currently own a three bed flat in Millbank 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 seventy four years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I have a lease of fivety seven years remaining on my flat in Millbank. 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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