Common questions relating to Roade Lease Extensions

  • My OH and I have just purchased a garden flat based inRoade and I'm thinking about a lease extension as soon as possible e.g. in 24 months of ownership
  • I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has fivety nine years residual lease term
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 73 years remaining.
  • I am a FTB of a leasehold flat in Roade. The lease has just 70 years remaining and ground rent is £95. Is it possible for the vendor to serve the Notice of Claim and then transfer this right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the flat owner? Unfortunately it’s the case of an absent freeholder, so I am not sure how does it work.
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to purchase in Roade. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the rear garden.
  • If a leaseholder owns a flat with a lease of less than 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 doing it?
  • I have 55 years remaining on my lease of a ground floor flat in Roade, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Roade
  • Do you handle lease extensions on land? (a plot of land in Roade with 82yrs remaining)
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    Lease Extensions in Roade

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