Top Ten Questions relating to Northfleet Lease Extensions

  • I bought a two bedroom second floor purpose built maisonette in Northfleet that I am now unable to sell as a result of the lease needing a lease extension. What's your legal fee ?
  • My wife has an apartment in Northfleet which we have just put on the market. The leasehold has approximately seventy eight years outstanding on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Many thanks.
  • I am looking for a in Northfleet and they need to be on the Chelsea Building Society approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend a ?
  • I have contacted my freeholder for a lease extension for my flat in Northfleet. His has been in contact with charges etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started March 1993.
  • I am a FTB of a leasehold flat in Northfleet. The lease has just 72 years outstanding and ground rent is £95. Is it possible for the current owner to serve the Section 42 Notice and then transfer this right to me as the purchaser once I complete the buying process so that I don't have to wait for the two 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 costly to the seller? To add to the complexity the landlord can not be found, so I am not sure how this will play out.
  • Offer accepted on a a maisonette in Northfleet, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.Contracts were due to be exchanged within a week. My question is why has this only just come to my attention by my ?
  • I am looking to buy a one bed flat in Northfleet for asking price of 156k, which has 77 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am the freeholder of a Georgian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 72 years. What are my next steps?
  • I have 67 years remaining on my lease of a ground floor flat in Northfleet, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • I am currently negotiating a lease extension for my flat in Northfleet 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?

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