Questions and Answers: St George Lease Extensions

  • I have a lease of sixety years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I am looking for a solicitors in St George and they should be on the Barclays Direct approved conveyancers panel as we need a lease extension and refinance simultaneously. Are you able to recommend a solicitors ?
  • I am looking into the costs of carrying out a lease extension for my one bedroom apartment in St George, and would like some figures on that.
  • I am thinking about whether to purchase the freehold or a lease extension of my property in St George and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with Aldermore to free up equity. My broker handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease began in 1991 and since then the ground rent has been raised from £25.00 per annum to £300 per year.
  • I'm looking for a flat to buy in St George and I'm not really familiar with the leasehold concept. I've identified a garden flat I like with a 82 years lease. I've read that I can go for a lease extension having owned the property for a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • I am thinking about bidding for an auction property and identified a studio flat in St George. It has just 48 year lease..the seller being mortgagees in possession will not want the aggravation of applying for a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and decreased chance of getting a mortgage with Aldermore?
  • My father has a share of freehold, with two other leaseholders in a building in St George. House divided into three apartments. He has a lease, which has just over 75 years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I am planning on remortgaging my three bedroom first floor purpose built maisonette in St George and the bank that I am looking to move to requires at least 80 years remaining on the lease in order for them to progress matters. We currently have around 64 years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in St George
  • We have a one bed flat in St George with a lease of sixety nine years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?
  • Other Topics

    Lease Extensions in St George

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