Sample questions relating to The Borough Lease Extensions

  • I have contacted my freeholder to extend my lease for my flat in The Borough. His has been in contact with costs etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started March 1993.
  • I'm considering buying a garden flat (leasehold) but the freeholder has been absent for about 15yrs. I wonder whether it will be cheaper to try to purchase the freehold or to get a lease extension and apply for RTM?
  • We own a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in The Borough and looking to do a vesting order. Is this something you can handle for us?
  • I am a landlord of a block of flats in The Borough, and the lessees are in the process of being given lease extensions. I anticipate receiving the money next month. How does the tax work, the property is co-owned with my husband ?
  • I would like some advice on purchasing a leasehold residence. We intend to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in The Borough area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • We would like to know the cost of a lease extension valuation for a property based in The Borough. Would you be able to help?
  • I'm living at parents but have a two bedroom second floor purpose built flat in The Borough let out which has a 65 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in The Borough for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
  • Just been over two years that I have been in my one bedroom apartment in The Borough. I have seventy four yrs left on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a The Borough based or any will do fine?
  • I own the freehold of a three bedroom flat in The Borough. The leaseholders have fivety four years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in The Borough

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