Frequently asked questions relating to New Covent Garden Lease Extensions

  • I have got a leasehold flat in the New Covent Garden area and was wondering if I could get a lease extension. What are your processes and fees. There are 71 years unexpired
  • I bought a two bedroom first floor purpose built maisonette located in New Covent Garden with a leasehold unexpired of fivety seven years. I am wondering about what it will cost me to extend my lease term
  • I bought a one bedroom apartment in New Covent Garden. The lease started in 1997 for 99 years. Now I am looking for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • Me and my wife are considering buying a ground floor flat in New Covent Garden which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from extending the lease?
  • I am in need of a lease extension for my flat in New Covent Garden and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • We have owned a leasehold flat for around fifteen years. It now has fivety eight years outstanding on the lease. After a year of protracted negotiations through my property lawyers 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 advice.
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around seventy years. I need a solicitors at my end. Can you advise please? I live near New Covent Garden and have a mortgage with Barnsley Building Society.
  • Just a quick question, how much does it cost for a lease extension on a residential property in New Covent Garden for a one bed flat - sec 42 having been issued?
  • My wife and I are worried about seeking a lease extension from an objectionable landlord. Regardless of the fact that the legal procedures were followed under the appropriate legislation, the landlord still attempted to charge ground rent of £300 increasing by 100% every twenty five years of the new term. Can you help?
  • I am currently negotiating a lease extension for my flat in New Covent Garden 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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    Lease Extensions in New Covent Garden

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in New Covent Garden