Frequently asked questions relating to Stevenage Lease Extensions

  • We have just acquired a one bed flat based inStevenage and I'm deliberating extending the lease as soon as practicable e.g. in 24 months of ownership
  • I'm planning to make an offer on a house in Stevenage but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Britannia giving us the mortgage now?
  • Do you only advise on lease extensions in Stevenage? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a .
  • 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 would like to have my residential flat leasehold extension premium valued. The flat is in Stevenage, and my lease will reach 78 years this October. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I wondered if you could help me on how much it would charges and the best way to start the lease extension process? I have nearly 79 years left and I own a maisonette in Stevenage.
  • I'm looking at purchasing an apartment in Stevenage valued at £195,000 the flat has just under 57 years unexpired on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in June, expecting I'd be in before Christmas. The seller has just come back saying they'll knock £5k off if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • We currently own a maisonette in Stevenage 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 sixety two 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. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • I have 72 years remaining on my lease of a ground floor flat in Stevenage, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my two bedroom second floor purpose built maisonette in Stevenage

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