Frequently asked questions relating to Millbank Lease Extensions

  • I’m about to offer on a maisonette to buy in the Millbank area and was wondering what the likely fees would be for a lease extension? It has seventy years unexpired...
  • Hello. I need a property lawyers to have a look at my lease extension prior to it being formalised just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.
  • What will it cost me and what is the best way to get a lease extension started? I have around seventy nine years remaining on my lease on a garden flat in Millbank. I have called the agent who act on behalf of the landlord and they gave me the number for the surveyor. I telephone the surveyor but I am not getting any kind of answer.
  • My mortgage provider requires a £500 fee for their solicitors to approve the lease extension deed for my flat in Millbank... I can find no reference of this in my mortgage contract... is this a usual charge?
  • Ref a leasehold in Millbank. upper maisonette. seventy six yrs unexpired. I have negotiated a lease extension price of £12,000 for 115yrs. Freeholder also insisted on Initial Notice which I think should not be required. Can you assist.
  • My husband has a share of freehold, with two other leaseholders in a building in Millbank. House split into three apartments. He has a lease, which has approximately fivety five years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • Just been over 2 years that I have been in my garden flat in Millbank. I have fivety eight years left on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • I am the freeholder of a property in Millbank and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this to £10,000 at the drop of a hat. My surveyor has put forward a much higher amount. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
  • Do you handle lease extensions on land? (a plot of land in Millbank with 82yrs remaining)
  • We have a one bedroom apartment in Millbank with a lease of 77 years left with a value of around £410000 we want to add 90 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 Millbank