Lease Extensions in Parkwood Springs

Top Ten Questions relating to Parkwood Springs Lease Extensions

I acquired a flat in Parkwood Springs with a leasehold unexpired slightly less than sixety one years and need to extend it. Please can you clarify the next stages

I own a leasehold flat in the Parkwood Springs area and was enquiring whether I could get a lease extension. What are your processes and charges. There are seventy six years balance left

I have a lease of 55 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I am a first time buyer of a leasehold flat in Parkwood Springs. The lease has just seventy five years unexpired and ground rent is £95. Is it possible for the vendor to serve the Section 42 Notice and then transfer over the right to me as the purchaser 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 vendor? Unfortunately it’s the case of an missing freeholder, so I am not sure how this will play out.

I have my suspicions that my niece might be having the wool pulled over her eyes. She put in an offer on a garden flat in Parkwood Springs, where the lease is approximately sixety five years but she was advised by the selling agents that the flat owner had extended it to 99 years. She has now been informed the homeowner was waiting for her to retain lawyers ahead of instigating the lease extension. Sounds unscrupulous, also it will take a while to sort it all out. Am I being too sceptical?

I am hoping to extend the lease on my studio flat in Parkwood Springs I am looking for a local company to calculate 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.

My wife and I are concerned about obtaining a lease extension from an objectionable freeholder. Notwithstanding that the legal procedures were followed under the 1993 Act, the freeholder still tried to charge ground rent of £200 increasing by 100% every twenty five years of the new lease. Can you help?

My mother is aware that others in the same building previously had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest this course of action?

Are you able to provide an estimate to extend my mum’s lease on a three bedroom ground floor purpose built flat in Parkwood Springs. She already has a price from the landlord for a lease extension but I am far from certain if it is reasonable.

I have a lease of seventy one years remaining on my flat in Parkwood Springs. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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