FAQs concerning Pentonville Lease Extensions

  • 35k agreed with the landlord’s agents, just trying to find a Pentonville for a lease extension. Our flat has just over 57 yrsremaining. What's your legal fee ?
  • I invested in buying a one bedroom apartment located in Pentonville with a leasehold unexpired of fivety six years. I am wondering about what it will cost me to extend my lease term
  • I am looking to purchase a ground floor flat in Pentonville with a lease of seventy seven years but unsure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I bought a three bed flat in Pentonville. The lease commenced in 1991 for 99 years. Now I am looking to extend the lease. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
  • My leasehold flat in Pentonville is up for sale and I have a hopefully firm offer. There is 82 years to run on the lease and I want a lease extension. What does it cost on average to get a lease extension by, say,fifty years
  • 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 am the freeholder of a Edwardian property split into two flats. 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?
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I'm looking at purchasing a flat in Pentonville at a price of £210,000 the flat has approximately 70 years unexpired on the lease. My offer was subject to a lease extension... .. that was back in September, expecting I'd be in before Christmas. They have just come back saying they are willing to knock £4k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • I am planning on remortgaging my maisonette in Pentonville and the bank that I am looking to switch to needs a minimum 85 years remaining on the lease in order for them to progress matters. I have found that I currently have around 71 years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension

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