Questions and Answers: Stanwick Lease Extensions

  • We agreed with the head landlord for a lease extension on our flat in Stanwick, 16k for a further 90yrs. What's your legal fee ?
  • I bought a studio flat in Stanwick that I am finding difficult to sell as a result of the lease requiring a lease extension. How long will it take ?
  • I am looking for a lease extension on the lease on my garden flat in Stanwick which will have 64 years remaining in September. What fees apply?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Stanwick, and my lease will reach 67 years this January. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • Me and my fiance are considering buying a ground floor flat in Stanwick which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • We have owned a leasehold flat for about twenty years. There are 78 years left on the lease. Following a year of difficult negotiations through my conveyancers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.
  • I am concerned about getting a lease extension from tricky landlord. Even though the legal procedures were adhered to under the appropriate legislation, the landlord still tried to get ground rent of £250 doubling every 25 years of the new term. Can you assist?
  • We know that others in the same building previously had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on previous prices . This would save on double valuation charges. Is this advisable?
  • We currently own a studio flat in Stanwick 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 63 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. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Stanwick 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?
  • Other Topics

    Lease Extensions in Stanwick

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