Frequently asked questions relating to St Nicholas Lease Extensions

  • So this is the scenario: I am the registered owner of a garden flat in St Nicholas that I now cannot sell as a result of the lease needing a lease extension. How long will it take ?
  • Hello, I am looking somewhere around or in St Nicholas 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • I am looking to extend the lease on my three bed apartment in St Nicholas which will have 78 years outstanding in November. What fees do you charge for this?
  • I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has sixety one years left
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has fivety five years balance left.
  • I'm looking for an apartment to purchase in St Nicholas and I'm not really familiar with the leasehold tenure. I've identified a 2 bed flat I like with a 82 years lease. My research reveals that I can get a lease extension having owned the property for 2 years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • My partner and I are considering purchasing a one bed flat in St Nicholas which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from having a lease extension?
  • I am looking to buy a one bed flat in St Nicholas for asking price of 145k, which has seventy eight years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • My solicitors (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I am planning on remortgaging my one bedroom apartment in St Nicholas and the new lender that I am looking to move to needs a minimum 85 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around 66 years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
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    Lease Extensions in St Nicholas

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