Questions and Answers: Sunbury Lease Extensions

  • My husband agreed with the landlord for a lease extension on our flat located in Sunbury, 16.5k for a further 90yrs. What's your legal fee ?
  • I am looking to extend the lease on my garden flat in Sunbury which will have fivety seven years left in June. What fees are applicable?
  • I am considering investing in a second home but it has a lease that expires in fifteen years. Its in Sunbury - I wanted to see if with your services this could be extended?
  • I am about to put an offer in on a one bedroom first floor purpose built flat in Sunbury with a lease of seventy years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • Regarding a residence in Sunbury. lower maisonette. 79 yrs remaining. I have an agreed lease extension to £20k for 115yrs. Freeholder also requested Initial Notice which I think should not be required. Advice required.
  • I own a share of the freehold. There are three flats in the block. All the leaseholders are now looking for lease extensions. Are you able to help us with this situation?
  • I am the freeholder of a 1930’s property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 60 years. What are my next steps?
  • Coming up to two years that I have been in my ground floor flat in Sunbury. I have 62 years left on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • I own the freehold reversion of a property in Sunbury and a leaseholder has requested a lease extension. Her valuer has provided a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
  • I am currently negotiating a lease extension for my flat in Sunbury 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?
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    Lease Extensions in Sunbury

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