Montpelier Lease Extensions

Examples of recent questions relating to Lease Extensions in Montpelier

Me and my partner are thinking about a lease extension for our ground floor flat in Montpelier and we are confused by the letter that we got from our landlord company. How long will it take?

Hi, I stumbled upon this site. I'm seeking prices on what it cost to extend a lease of a three bedroom first floor purpose built flat in Montpelier. It's up for sale at the moment but has about 72 years of unexpired leasehold

We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 798 years remaining so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any help would be much appreciated.

Do you only undertake lease extensions in Montpelier? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a .

I am looking to purchase a ground floor flat in Montpelier with a lease of fivety eight years but unsure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.

My brother and I have owned a leasehold flat for about eighteen years. It now has 58 years unexpired lease on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate some independent thoughts.

I own the freehold reversion of a property in Montpelier where the leaseholder would like a lease extension. Her valuer has suggested a figure of £8,000, but has increased this to £10,000 without too much effort. My surveyor has recommended a much higher figure. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to face?

I am currently negotiating a lease extension for my flat in Montpelier 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?

We have a one bed flat in Montpelier with a lease of sixety one years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?

I have a lease of 71 years remaining on my flat in Montpelier. 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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