Sample questions relating to Petersham Lease Extensions

  • My wife has a flat in Petersham which we have just put on the market. The leasehold has around seventy two 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 want to purchase a leasehold property and lease extension. The homeowner has been there for three 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 ?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • What will it cost me and what is the best way to start the lease extension process? I have slightly more than 61 years outstanding on my lease on a garden flat in Petersham. I have emailed the managing agents who represent the freeholder and they provided me with the number for the surveyor. I have contacted the valuer but I am not getting any returned calls.
  • I have my suspicions that my daughter might have had the wool pulled over her eyes. She put in an offer on a studio flat in Petersham, where the lease is circa sixety five years but she was told by the selling agents that the homeowner had extended it to 125 years. She has now been informed the flat owner was waiting for her to retain lawyers ahead of instigating the lease extension. Sounds underhand, also it will take time to sort it all out. What do you think?
  • I am a landlord of a block of flats in Petersham, and the tenants are in the process of being issued lease extensions. I should hopefully get the money within a month or so. Are there any tax implications, the property is in joint names with my husband ?
  • Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Petersham for a two bed flat - section 42 is already in place?
  • I am the freeholder of a property in Petersham where the leaseholder has requested a lease extension. Her valuer has provided a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
  • I'm seeking some advice with regard to a lease extension on my maisonette. I'll be looking to do this next summer as we must move 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 LVT route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • We have a garden flat in Petersham with a lease of seventy three years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?

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