Sample questions relating to St Mary Cray Lease Extensions

  • Hello, I just randomly found this site. I'm looking for prices on what it cost to extend a lease of a garden flat in St Mary Cray. It's on the market at the moment but has around 70 years of unexpired leasehold
  • I am looking at investing in a second home but it has a lease that expires in eighteen years. Its in St Mary Cray - I wanted to see if with your services it is possible for this to be extended?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has fivety eight years remaining.
  • We are selling our studio flat in St Mary Cray but we may require a lease extension, or possibly cover the expense of our purchaser. Can you help me find a property lawyers to undertake the legal formalities?
  • I'm looking for an apartment to purchase in St Mary Cray and I'm not really familiar with the leasehold arrangement. I've identified a two bedroom first floor purpose built flat I like with a 91 years lease. I've read that I can apply for a lease extension having owned the property for 2 years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
  • I am concerned that my daughter might have had the wool pulled over her eyes. She submitted an offer on a three bed flat in St Mary Cray, where the lease is circa 68 years but she was informed by the estate agents that the current owner had extended it to 125 years. She has now been informed the vendor was holding off for her to appoint lawyers before commencing with the lease extension. Sounds odd to me, also it may take time to sort it all out. Am I reading too much into it?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
  • My partner and I are hoping to acquire a property (a maisonette located inSt Mary Cray with share of freehold). Throughout our search, we were always looking at flats that had at least 83 years left. We came across a flat we liked and the estate agent assured that the lease term was not an issue. Today our lawyers informed us the lease only has 68 years and thus requires a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I own the freehold reversion of a property in St Mary Cray and a leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this to £10,000 without too much effort. My valuer has put forward a much higher figure. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
  • I have a lease of 63 years remaining on my flat in St Mary Cray. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in St Mary Cray

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