Sample questions relating to Swiss Cottage Lease Extensions

  • I inherited a flat in Swiss Cottage with a leasehold unexpired just over sixety nine years and need to extend it. Please can you advise me of the next stages
  • I want to purchase a leasehold property and lease extension. The flat owner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am about to put an offer in on a one bedroom apartment in Swiss Cottage with a lease of sixety four years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I have been in touch with my freeholder for a lease extension for my flat in Swiss Cottage. Her has been in contact concerning fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started April 1992.
  • I plan on buying a flat based in Swiss Cottage. The offer is conditional upon a lease extension. The seller’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Virgin Money. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking to either purchase the freehold or a lease extension of my property in Swiss Cottage and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Santander to release of equity. The broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease commenced in 1981 and since then the ground rent has increased from £25.00 per year to £300 per year.
  • I have my suspicions that my daughter might have had the wool pulled over her eyes. She submitted an offer on a garden flat in Swiss Cottage, where the lease is about 59 years but she was told by the selling agents that the vendor had extended it to 99 years. Only now has she been informed the flat owner was holding off for her to instruct lawyers prior to commencing with the lease extension. Sounds underhand, also it could take time to sort it all out. Am I being too sceptical?
  • Offer accepted on a a one bedroom apartment in Swiss Cottage, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.Contracts were due to be exchanged in a couple of days. My question is Should I tell the seller that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I am the registered freeholder to two flats. Someone has the lease on the ground flat in Swiss Cottage. I occupy in the upper flat. I was reviewing the title deeds today when I noticed that my flat has a lease on it. There is 57 years balance left. If I want a lease extension then would I just be paying for the charges?

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