Questions and Answers: Peterborough Lease Extensions

  • I invested in buying a flat in Peterborough with a leasehold unexpired nearon sixety nine years and need a lease extension. Please can you advise me of the next stages
  • I own a leasehold flat in the Peterborough area and was wondering if I could obtain a lease extension. What are your processes and charges. Has sixety nine years balance left
  • The terms for the lease on my flat in Peterborough are 101 years from 14 Dec 1980. Please provide me a quote to extend the lease if I give you more specifics please?
  • I am a freeholder of a block of flats in Peterborough, and the lessees are in the process of being given lease extensions. I should hopefully get funds within a month or so. As I am not on self assessment do I get in touch with the tax man ?
  • My OH and I are considering purchasing a one bedroom apartment in Peterborough which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
  • I am the freeholder of a Edwardian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy five years. What are my next steps?
  • I'm living at mum and dad but have a 2 bed flat in Peterborough let out which has a 65 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 Peterborough 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?
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my one bedroom ground floor purpose built maisonette in Peterborough
  • Are you able to provide an estimate to extend my mother’s lease on a studio flat in Peterborough. She already has a figure from the landlord for a lease extension but I am unclear whether it is too expensive.
  • I am planning on refinancing my ground floor flat in Peterborough and the mortgage company that I am looking to switch to requires at least 85 years on the leasehold of my property in order for them to progress matters. We currently have around fivety five years on the leasehold so looking for some advice, 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 Peterborough