Somerstown Lease Extensions

Frequently asked questions relating to Somerstown Lease Extensions

I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 75 years remaining.

I am looking to buy a ground floor flat in Somerstown with a lease of 59 years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.

I would like to have my residential flat leasehold extension premium assessed. The flat is in Somerstown, and my lease will reach 61 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 Tribunal court?

Think I may have made an error, I am seeking a in Somerstown who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?

I am considering whether to purchase the freehold or a lease extension of my property in Somerstown and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with Barnsley Building Society to free up equity. My broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease started in 1981 and since then the ground rent has been raised from £25.00 per annum to £300 per annum.

I will soon view a two bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 64 years residual lease term on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?

What will I need to spend and what is the best way to start the lease extension process? I have circa 59 years remaining on my lease on a garden flat in Somerstown. I have contacted the agent who represent the head landlord and they sent me the number of the valuer. I left a phone message for the valuer but I am not getting any calls back.

My wife and I are aware that others in the same building previously had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation fees. Would you suggest such a course of action?

Are you able to provide an estimate to extend my aunt’s lease on a maisonette in Somerstown. She already has a figure from the freeholder for a lease extension but I am not sure it is too high.

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 Somerstown

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