Questions and Answers: St Margarets Lease Extensions

  • We agreed with the head landlord for a lease extension on our flat in St Margarets, 6.5k for a further 90yrs. How long is the process ?
  • I inherited a one bedroom apartment located in St Margarets with a leasehold unexpired of 60 years. I am enquiring about how much it will cost me to extend my lease term
  • I am the owner of a maisonnette together with the freehold. The owners of the downstairs flat have asked for a lease extension what do I need to do?
  • Possibly made a mistake, I am seeking a lawyers in St Margarets who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • I'm looking for an apartment to purchase in St Margarets and I'm not really familiar with the leasehold arrangement. I've identified a studio flat I like with a 91 years lease. My research reveals that I can get a lease extension after 2 years, but:- Should I anticipate any issue with the mortgage?
  • I am in need of a lease extension for my flat in St Margarets and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am looking for advice as I am interested in a property that has only a seventy three year lease and therefore requires a lease extension. Can I call someone to go through my options please?
  • I own the freehold of a three bedroom flat in St Margarets. The leaseholders have sixety eight years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • I have 73 years remaining on my lease of a ground floor flat in St Margarets, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • I am currently negotiating a lease extension for my flat in St Margarets 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?
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    Lease Extensions in St Margarets

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