Common questions relating to Queen's Park Lease Extensions

  • We are looking for lease extension for our two bed flat located in Queen's Park and we don't fully understand the communication that we got from our landlord company. What's your legal fee?
  • I am interested in getting a lease extension for a flat in Queen's Park and want to use a local conveyancers. Is there a solicitors that you can recommend?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 78 years remaining.
  • I am going to purchase a flat based in Queen's Park. The offer is subject to the lease extension. The owner’s solicitors has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender The Royal Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?
  • My co-lessees and I are in a block containing four flats in Queen's Park and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • Regarding a property in Queen's Park. upper maisonette. sixety yrs unexpired. I have an agreed lease extension to £20k for 135yrs. Landlord also requested Initial Notice which I think should not be necessary. Advice required.
  • My property lawyers (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?
  • My brother and I would like to know the cost of a lease extension valuation for a property based in Queen's Park. Is this something you can help us with?
  • I own the freehold reversion of a property in Queen's Park and a leaseholder would like a lease extension. Her valuer has suggested a figure of £9,000, but has upped this by £2,000 without too much effort. My surveyor 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 tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what costs would I be likely to incur?
  • I am currently negotiating a lease extension for my flat in Queen's Park 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?
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    Lease Extensions in Queen's Park

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