FAQs concerning Slough Lease Extensions

  • I purchased a three bedroom second floor purpose built maisonette based in Slough with a leasehold unexpired of 71 years. I am wondering about how much I will need to spend to extend my leasehold
  • I own a maisonnette and the freehold. My downstairs neighbours have asked for a lease extension what do I need to do?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Slough, and my lease will reach 77 years this March. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I own a share of the freehold. There are four apartments in the house. All the leaseholders are now looking for lease extensions. What's your solicitors fee?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
  • 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?
  • We have been in discussion with our freeholder after having a valuation on our ground floor flat in Slough. We have a 77 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in Slough for a two bed flat - sec 42 having been issued?
  • My and my husband know that others in the same building previously had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?
  • We currently own a maisonette in Slough 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 fivety eight years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?
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    Lease Extensions in Slough

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