FAQs concerning Shinfield and Arborfield Lease Extensions

  • Hello, I just randomly found your site. I'm seeking prices on what a lease extension will cost for a three bed flat in Shinfield and Arborfield. It's on the market at the moment but has roughly 74 years of unexpired leasehold
  • I am fairly sure that our has advised us incorrectly concerning a lease extension and I want to find out how to go about making a formal complaint
  • I need to negotiate a lease extension for a flat in Shinfield and Arborfield and want to use a local . Is there a that you can recommend?
  • 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?
  • I am looking to buy a one bed flat in Shinfield and Arborfield for asking price of 125k, which has 61 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I am looking for advice as I am interested in a property that has only a 63 year lease and therefore requires a lease extension. Is it possible for me to call someone to discuss my options please?
  • I'm living with my mum and dad but have a garden flat in Shinfield and Arborfield let out which has a 79 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 Shinfield and Arborfield 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. Should I keep or sell the flat?
  • Coming up to two years that I have owned my ground floor flat in Shinfield and Arborfield. I have seventy seven yrs remaining on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • I do not need a lease extension but I do require a vesting order on a property I want to acquire in Shinfield and Arborfield. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the garden area.
  • We currently own a ground floor flat in Shinfield and Arborfield and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 73 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?

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