Sipson Lease Extensions

Common questions relating to Sipson Lease Extensions

I’m looking for lease extension for our apartment based in Sipson and we are confused by the communication that we received from our landlord company. What's your legal fee?

I am considering investing in a second home but it has a lease that expires in eighteen years. Its in Sipson - I wanted to see if with your services this could be extended?

I own a maisonnette and the freehold reversion. The owners of the upstairs flat have asked to extend the lease what do I need to do?

We are in a block made up three flats in Sipson and have been offered to buy the freehold for £5000 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?

I am looking to either purchase the freehold or a lease extension of my property in Sipson and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Barclays Direct to free up equity. My adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease commenced in 1991 and since then the ground rent has been raised from £15.00 per annum to £100 per annum.

I am seeking advice as I am interested in a property that has only a 69 year lease and therefore requires a lease extension. Can I talk with someone to discuss my options please?

I do not need a lease extension but I do require a vesting order on a property I want to buy in Sipson. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the rear garden.

If a leaseholder owns a flat with a lease of under 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 extending the lease?

We are in the throws of buying a home (a three bed flat located inSipson with share of freehold). Throughout our search, we were always looking at apartments that had a minimum ninety years residual lease term. We identified a place we fell in love with and the estate agent promised us that the lease term was not an issue. This morning our advised us the lease only has fivety six years and thus requires a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

I own the freehold reversion of a property in Sipson where the leaseholder would like a lease extension. Her valuer has suggested a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My valuer has put forward a much higher premium. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?

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