FAQs concerning New Romney Lease Extensions

  • I’m just looking for a garden flat to purchase in the New Romney area and was after more information on what the likely fees would be for a lease extension? It has 57 years unexpired...
  • I am looking to purchase a ground floor flat in New Romney with a lease of seventy eight years but have no idea how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I inherited a garden flat in New Romney. The start date for the lease was in 1998 for 99 years. Now I am looking to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in New Romney and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Yorkshire Building Society to release of equity. My broker handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold acquisition .The lease began in 1979 and since then the ground rent has increased from £25.00 per annum to £200 per year.
  • I am considering bidding for an auction property and found a one bed flat in New Romney. It has just 48 year lease..the vendor as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and reduced chance of obtaining a mortgage with Coventry Building Society?
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 76 years. I need a at my end. Can you advise please? I live near New Romney and have a mortgage with Aldermore.
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in New Romney. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Although I do not need a lease extension but I do require a vesting order on a property I want to purchase in New Romney. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the rear garden.
  • Hello I own the freehold interest in a 2 bedroom flat in New Romney. The leaseholder has a seventy four year lease and would like to purchase another 125 years. She is offering me £18,000 but I am not sure if this is a correct amount
  • Are you able to provide an estimate to extend my mother’s lease on a studio flat in New Romney. She already has a figure from the freeholder for a lease extension but I am unclear whether it is reasonable.

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