Common questions relating to St John's Wood Lease Extensions

  • My name´s Finn. I’m house hunting in St John's Wood I'm deliberating offering on a one bedroom apartment online, with slightly more sixety years unexpired lease, how much will it likely cost to get a lease extension by, say, 25 years?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in St John's Wood, and my lease will reach 56 years this July. 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 leasehold flat in St John's Wood. I have built a large extension and have not informed my leaseholder. What should I do?
  • I am about to view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 64 years left on the lease. It is also a repossession so I'm guessing that the bank will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy years. I need a at my end. Can you advise please? I live near St John's Wood and have a mortgage with Nationwide Building Society.
  • My partner and I would like to know the cost of a lease extension valuation for a property based in St John's Wood. Is this something you can help us with?
  • My fiance and I have been in discussion with our freeholder after having a valuation on our studio flat in St John's Wood. We have a sixety two year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she 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 to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my one bedroom apartment in St John's Wood
  • Are you able to provide an estimate to extend my mother’s lease on a one bedroom apartment in St John's Wood. She recently got a figure from the freeholder for a lease extension but I am far from certain if it is too high.
  • I am currently negotiating a lease extension for my flat in St John's Wood as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in St John's Wood