Lease Extensions in Millbank

Recently asked questions relating to Millbank Lease Extensions

I purchased a one bed flat located in Millbank with a leasehold unexpired of fivety four years. I am wondering about how much it will cost me to extend my lease

We have a ground floor flat in Millbank with sixety years unexpired. Last year we were quoted a deal to have a lease extension for another thirty years but also uplift the ground rent from notional to £200 per year..plus a premium I think of about 10k. Finally we have decided to go ahead but do we now have to renegotiate?

My wife and I have a one bedroom flat based in Millbank. There is 81 years unexpired on the lease and we want to extend the lease. How much does it cost on average to extend in this area by, say,thirty years

Me and my fiance are considering purchasing a ground floor flat in Millbank which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?

We would like to extend our lease having owned the flat for two years as of 1st Jan 2016. It has nearon sixety years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as possible.

I am looking to buy a one bed flat in Millbank for asking price of 156k, which has 55 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 question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

I am the freeholder of a Victorian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety two years. What are my next steps?

It says on your website the likely fee to extend a lease is £495. Is that the all inclusive cost including vat and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my maisonette in Millbank

My wife and I are aware that others in the same block had already had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of avoiding a formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?

I am planning on remortgaging my one bedroom apartment in Millbank and the next lender that I am looking to move to requires at least 80 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around 54 years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension

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