Top Ten Questions relating to Milton Lease Extensions

  • I am looking at investing in a holiday home but it has a lease that expires in twenty years. Its in Milton - I wanted to see if with your services it is possible for this to be extended?
  • I am about to put an offer in on a ground floor flat in Milton with a lease of 59 years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I am going to purchase a flat located in Milton. The offer is subject to the lease extension. The seller’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Clydesdale. Moreover, which are the following lease extension steps to complete the purchase?
  • We are looking to extend our lease. We will have been in the apartment for 2 years as of 22nd Feb 2015. It has around fivety four years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as is reasonably achievable.
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Milton for a two bed flat - sec 42 is already in place?
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Milton. I occupy in the upper flat. I was reviewing the title deeds last night when I noticed that my flat is leasehold. There is sixety six years remaining. If I want a lease extension then would I just be paying for the charges?
  • I'm looking for some advice concerning a lease extension on my apartment. The intention is to do this in six months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • My and my husband are worried about obtaining a lease extension from a difficult landlord. Notwithstanding that the correct procedures were followed under the 1993 Act, the freeholder still attempted to get ground rent of £200 doubling every twenty years of the new term. Can you help?
  • We currently own a studio flat in Milton 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 76 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Milton as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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