Recently asked questions relating to North Cave Lease Extensions

  • I want to purchase a leasehold property and lease extension. The current owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • Do you only advise on lease extensions in North Cave? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a lawyers.
  • I'm looking for a flat to purchase in North Cave and I'm not really familiar with the leasehold concept. I've identified a place I like with a 82 years lease. My research reveals that I can apply for a lease extension after a couple of years, but:- Is this a given?
  • My apartment in North Cave is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want a lease extension. How much does it cost on average to get a lease extension by, say,ninety years
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?
  • I am the owner of a purpose-built apartment in a large development in North Cave. The leasehold interest in the flat on a 101 year lease which commenced on 30th August 1980 with a fixed yearly rent of 35. I wish to obtain a lease extension. Is it possible for me to talk with someone to go through my options please?
  • I'm living with my mum and dad but have a studio flat in North Cave let out which has a 75 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in North Cave for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
  • I note that your website states the likely fee to extend a lease is £495. Is that the total cost excluding value added tax and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my one bedroom second floor purpose built flat in North Cave
  • I am currently negotiating a lease extension for my flat in North Cave 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?
  • I'm looking for some advice with regard to a lease extension on my ground floor flat in North Cave. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good property lawyers who specialises in lease extensions?
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    Lease Extensions in North Cave

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