Common questions relating to New Invention Lease Extensions

  • I own a property in New Invention and it has around fivety five years residual lease term. I'd like to extend the lease period
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in New Invention, and my lease will reach 74 years this Septembmer. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I have been in touch with my freeholder for a lease extension for my flat in New Invention. His has been in contact regarding costs etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started January 199.
  • We are selling our garden flat in New Invention but we may need to extend the lease, or possibly cover the costs of our purchaser. Are you able to suggest someone to assist?
  • I need to talk to you about a leasehold property in New Invention, I am thinking of buying at auction next month. The flat has a short lease and I was wondering about what it would cost to get a lease extension and for your services.
  • My husband has a share of freehold, with two other leaseholders in a building in New Invention. House split into three flats. He has a lease, which has roughly 55 years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • We have owned a leasehold flat for around fifteen years. There are 65 years left on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would appreciate some independent thoughts.
  • I am hoping to extend the lease on my studio flat in New Invention I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I'm looking at purchasing a flat in New Invention valued at £195,000 the flat has something like sixety two years left on the lease. My offer was conditional upon the lease being extended... .. that was back in June, hoping I'd be in by now. The owner has just informed me they'll reduce the price by£2k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • We are hoping to buy a property (a one bedroom apartment inNew Invention with share of freehold). Throughout our search, we were always looking at apartments that had a minimum eighty five years left. We came across a flat we fell in love with and the estate agent promised us that the lease term was not an issue. Yesterday our advised us the lease only has seventy one years and thus needs a lease extension. Should we run away, or should we negotiate our offer?

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