Common questions relating to Toton Lease Extensions

  • Me and my partner have just purchased a garden flat based inToton and I'm considering extending the lease as soon as possible e.g. after 24 months of ownership
  • I have contacted my freeholder to extend my lease for my flat in Toton. His property lawyers has been in contact concerning charges etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started May 1990.
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Toton and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a refinance with Norwich and Peterborough Building Society to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease commenced in 1979 and since then the ground rent has been raised from £25.00 per annum to £300 per annum.
  • I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Toton. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm living at parents but have a 2 bed flat in Toton let out which has a sixety four 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 Toton 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 19k. Not sure sure whether to hold on or sell the flat?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to purchase in Toton. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the rear garden.
  • I'm looking at buying an apartment in Toton at a price of £195,000 the flat has approaching 57 years remaining on the lease. I put in an offer conditional upon a lease extension... .. that was back in September, expecting I'd be in by Christmas. The owner has just informed the agent that they are prepared to knock £3k off if I deal with the lease extension myself. I'm not sure whether that's a good idea
  • We know that others in the same building had already had a lease extension, and the landlord was reasonable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on previous prices . This would save on double valuation charges. Would you suggest this course of action?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Toton
  • I have a lease of sixety years remaining on my flat in Toton. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Toton

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