Recently asked questions relating to St Margarets Lease Extensions

  • My partner has an apartment located in St Margarets which we are about to put on the market. The leasehold has about sixety two years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • My co-lessees and I are in a building containing three flats in St Margarets and have been offered to buy the freehold for 7k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • Possibly made an error, I am searching for a in St Margarets who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?
  • Are you able to advise on the likely cost and the best way to get a lease extension started? I have just under fivety five years outstanding and I own a two bedroom ground floor purpose built maisonette in St Margarets.
  • I am a landlord of a block of flats in St Margarets, and the lessees are in the process of being issued lease extensions. I should hopefully get the money within a month or so. As I am not on self assessment do I get in touch with the tax authorities ?
  • I am looking to buy a one bed flat in St Margarets for asking price of 125k, which has 75 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I am the freeholder of a property in St Margarets where the leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this by £2,000 at the drop of a hat. My surveyor has put forward a much higher premium. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what costs would I be likely to face?
  • I'm looking for some advice with regard to a lease extension on my flat. I'll be looking to do this next winter as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • We currently own a garden flat in St Margarets 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 sixety one years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I have fivety four years remaining on my lease of a ground floor flat in St Margarets, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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