Toddington Lease Extensions: Q and A’s

  • My partner has a flat located in Toddington which we are about to put on the market. The leasehold has around sixety seven years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Toddington, and my lease will reach 71 years this March. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I bought a garden flat in Toddington. The lease commenced in 2001 for 99 years. Now I am wanting to extend the lease. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • The intention is to sell our ground floor flat in Toddington but we may need a lease extension, or possibly cover the expense of our buyers. Are you able to recommend someone to assist?
  • My neighbours and I are in a building made up five flats in Toddington and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am looking into the costs of carrying out a lease extension for my first floor flat in Toddington, and would like some figures on that.
  • I am a landlord of a block of flats in Toddington, and the leaseholders are in the process of being issued lease extensions. I should hopefully get the money next week. As I am not on self assessment do I write to the tax authorities ?
  • We are looking to extend our lease. We will have been in the apartment for 2 years as of 1st Feb 2016. It has roughly seventy seven years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as is reasonably achievable.
  • We are proceeding with a purchase of a ground floor flat in Toddington. I was assured that the lease had been lengthened (62 years outstanding prior to extension). The description on the listing stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The vendor supposedly has a quote but no funds to extend and consequently the homeowner wants to exchange and use the 10% deposit to extend the lease. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • I am currently negotiating a lease extension for my flat in Toddington 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 Toddington

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