Common questions relating to St Annes Park Lease Extensions

  • I’m about to offer on a garden flat to purchase in the St Annes Park area and was interested in finding out how much would it cost for a lease extension? It has 63 years unexpired...
  • Hello, I stumbled across your site. I'm looking for prices on what a lease extension will cost for a one bedroom apartment located in St Annes Park. It's on sale at the moment but has roughly 59 years outstanding on the lease
  • I am looking to buy a maisonette in St Annes Park with a lease of fivety four years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I plan on buying a flat based in St Annes Park. The offer is subject to the lease extension. The current owner’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender The Royal Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?
  • The terms for the lease on my flat in St Annes Park are 99 years from 12 Dec 1989. Can you supply me me a quote to extend the lease if I give you more details please?
  • I am looking to either purchase the freehold or a lease extension of my property in St Annes Park and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Norwich and Peterborough Building Society to free up equity. The broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease began in 1972 and since then the ground rent has increased from £38.00 per year to £125 per annum.
  • I am a FTB of a leasehold flat in St Annes Park. The lease has only fivety four years residual lease term and ground rent is £25. Is it possible for the current owner to serve the Notice of Claim and then assign this right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the vendor? To add to the complexity it’s the case of an missing landlord, so I am not sure how this will play out.
  • My OH and I would like to know the cost of a lease extension valuation for a property based in St Annes Park. Is this something you can assist us with?
  • Coming up to two years that I have owned my three bed flat in St Annes Park. I have 64 yrs unexpired lease on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired 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: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?
  • I own the freehold to two flats. Someone has the lease on the lower flat in St Annes Park. I occupy in the upper flat. I was reviewing the land registry documents today when I noticed that my flat is leasehold. There is seventy four years left on the lease. Can one carry out a lease extension without using a ?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in St Annes Park