New Invention Lease Extensions Example Support Desk Enquiries

  • We agreed with the freeholder for a lease extension on our flat based in New Invention, 12.5k for an extension by 90yrs. Are you willing to guide us with this situation ?
  • My name´s Muhammad. I’m property hunting in New Invention I'm considering offering on a garden flat online, with circa fivety seven years left, how much will it likely cost to extend in this location by, say, fifty years?
  • I inherited a flat in New Invention with a leasehold unexpired circa 58 years and need to extend it. Please can you clarify the next steps
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 928 years balance left 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 true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any guidance would be much appreciated.
  • We acquired a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in New Invention and looking to do a vesting order. Is this something you can help us with?
  • I am a FTB of a leasehold flat in New Invention. The lease has only fivety six years balance left and ground rent is £25. Is it possible for the current owner to serve the Section 42 Notice and then assign over the right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the flat owner? Unfortunately the freeholder can not be found, so I am not sure how this will play out.
  • We have a first floor flat in New Invention with sixety two years remaining. Ten months ago we were quoted a deal to grant a lease extension for a further 25 years but also increase ground rent from notional to £250 per annum..plus a premium I think of approximately 14k. Finally we have decided to move forward but do we now have to start the negotiations again?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I note that your website states the likely fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my studio flat in New Invention
  • I'm looking at buying a flat in New Invention valued at £256,000 the flat has just under 59 years remaining on the lease. I put in an offer conditional upon the lease being extended... .. that was back in August, expecting I'd have moved in before now. The owner has just informed the agent they are willing to knock £3k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer

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