Frequently asked questions relating to Street Lease Extensions

  • I have just bought a one bedroom apartment based inStreet and I'm considering a lease extension as soon as practicable e.g. in 24 months of ownership
  • I bought a property in Street and it has circa fivety seven years remaining. I'd like to arrange a lease extension by twenty years
  • I want to buy a leasehold property and extend the lease. The flat owner has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I would like to know how much it would cost and the optimum way to get a lease extension started? I have circa 58 years unexpired lease and I own a garden flat in Street.
  • I have my suspicions that my niece might have had the wool pulled over her eyes. She submitted an offer on a garden flat in Street, where the lease is about sixety six years but she was advised by the estate agents that the owner had extended it to 125 years. She has now been told the flat owner was holding off for her to instruct solicitors before commencing with the lease extension. Sounds unscrupulous, also it will take months to sort it all out. Am I reading too much into it?
  • I have a share of the freehold. There are five apartments in the building. All the leaseholders are now seeking lease extensions. What are the timescales to grant a lease extension?
  • I am hoping to extend the lease on my garden flat in Street I am looking for a local company to calculate the premium. I have a price from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • Although I do not need a lease extension but I do require a vesting order on a property I want to buy in Street. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the garden area.
  • I have a freehold of a three bedroom flat in Street. The leaseholders have 79 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • I'm looking at buying a flat in Street valued at £210,000 the flat has approximately seventy years unexpired on the lease. My offer was conditional upon the lease being renewed... .. that was back in June, expecting I'd have completed by now. The seller has just informed the agent they are willing to knock £4k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • Other Topics

    Lease Extensions in Street

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