Questions and Answers: Stansted Lease Extensions

  • I am considering investing in a second home but it has a lease that expires in twenty years. Its in Stansted - I wanted to see if with your services it is possible for this to be extended?
  • My co-lessees and I are in a building of three flats in Stansted and have been offered to buy the freehold for £6000 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?
  • I inherited a garden flat in Stansted. I am looking to extend lease on the property. It is around 80 years. I would just like to know what your charges are and how long it would take for completion.
  • We bought a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Stansted and are therefore considering the option of a vesting order. Is this something you can do for us?
  • I have my suspicions that my daughter is being hoodwinked. She put in an offer on a one bedroom apartment in Stansted, where the lease is nearon 77 years but she was told by the selling agents that the flat owner had extended it to 125 years. She has now been told the homeowner was holding off for her to appoint conveyancers prior to commencing with the lease extension. Sounds underhand, also it may take time to sort it all out. What do you think?
  • My husband and I have a leasehold flat in Stansted with seventy four years left. Ten months ago we were quoted a deal to have a lease extension for a further 25 years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 16k. We have now decided to proceed but do we now have to renegotiate?
  • My conveyancing practitioners (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 own the freehold of a one bedroom flat in Stansted. The leaseholders have 69 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • We are in the throws of buying a property (a one bedroom apartment located inStansted with share of freehold). During our search, we were always looking at properties that had at least ninety years outstanding. We identified a apartment we liked and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our conveyancers informed us the lease only has 72 years and thus requires a lease extension. Do we run away, or should we reduce our offer?
  • I have seventy four years remaining on my lease of a ground floor flat in Stansted, 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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    Lease Extensions in Stansted

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