Common questions relating to Stanwick Lease Extensions

  • I’m about to offer on a one bedroom apartment to buy in the Stanwick area and was interested in finding out what the likely fees would be for a lease extension? It has seventy years outstanding...
  • I need to negotiate a lease extension for a flat in Stanwick and want to use a local conveyancing practitioners. Is there a property lawyers that you can recommend?
  • I have contacted my freeholder for a lease extension for my flat in Stanwick. Her conveyancing practitioners has been in contact regarding costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started February 1993.
  • My co-lessees and I are in a block of three flats in Stanwick and have been offered to buy the freehold for 8k 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?
  • Possibly made a mistake, I am seeking a conveyancing practitioners in Stanwick who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
  • I'm looking for a flat to buy in Stanwick and I'm not really familiar with the leasehold concept. I've identified a maisonette I like with a 90 years lease. I've read that I can go for a lease extension after 2 years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • Are you able to advise on the likely charges and the optimum way to get a lease extension started? I have around 54 years remaining and I own a one bedroom apartment in Stanwick.
  • My mortgage provider is requesting a £450 fee for their solicitors for a "deed of substituted security" for the lease extension for my flat in Stanwick... I am unable to find any reference of this in my mortgage booklet... is this a usual fee to pay?
  • 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 commence the process, is this correct?
  • Coming up to 2 years that I have owned my studio flat in Stanwick. I have 55 years remaining on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?
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    Lease Extensions in Stanwick

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