Stevenage Lease Extensions

Questions and Answers: Stevenage Lease Extensions

I agreed with the freeholder to a lease extension on our flat located in Stevenage, 8k for an extension by 90yrs. How long will it take ?

I invested in buying a flat in Stevenage with a leasehold unexpired roughly seventy years and need to extend it. Please can you advise me of the next steps

I am looking for a lease extension on the lease on my garden flat in Stevenage which will have 77 years remaining in August. What fees are applicable?

I bought a two bedroom second floor purpose built maisonette in Stevenage with a leasehold unexpired of seventy six years. I am wondering about how much I will need to spend to extend my lease term

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I am looking at purchasing an auction property and found a studio flat in Stevenage. It has just 49 year lease..the vendor as mortgagees in possession dont want the aggravation of applying for a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and reduced chance of getting a mortgage with Bank of Scotland?

I am the owner of a purpose-built flat based in a large block in Stevenage. The leasehold interest in the flat on a ninety five year lease which commenced on 21st November 1970 with a fixed ground rent of £25 per annum. I wish to obtain a lease extension. Is it possible for me to talk with someone to go through my options please?

I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Stevenage. I would be grateful if you can give me a call when you get a chance to discuss the case.

I am currently negotiating a lease extension for my flat in Stevenage 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?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Stevenage

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