Quinton Lease Extensions: Q and A’s

  • I inherited a property in Quinton and it has roughly seventy eight years remaining. I'd like to arrange a lease extension by twenty years
  • Do you only handle lease extensions in Quinton? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a .
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Quinton, and my lease will reach seventy eight years this November. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • We have a residential flat in Quinton with 78 years to run. Ten months ago we were quoted a deal to receive a lease extension for another fifty years but also uplift the ground rent from nominal to £200 per annum..plus a premium I think of about 16k. We have now decided to move forward but do we now have to start the negotiations again?
  • I have a share of the freehold. There are five flats in the house. All the leaseholders are now requiring lease extensions. Are you willing to help us with this situation?
  • I am the freeholder of a 1930’s property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy years. What are my next steps?
  • I'm living at mum and dad but have a one bedroom apartment in Quinton let out which has a seventy eight 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 Quinton 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 21k. Not sure sure whether to hold on or sell the flat?
  • I have a freehold of a three bedroom flat in Quinton. The leaseholders have sixety six years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • I require an estimate to extend my aunt’s lease on a one bedroom apartment in Quinton. She recently got a price from the landlord for a lease extension but I am unclear whether it is too high.
  • I am currently negotiating a lease extension for my flat in Quinton 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?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Quinton