Top Ten Questions relating to Toton Lease Extensions

  • My name´s Owen. I’m house hunting in Toton I'm seeing a garden flat online, with around fivety five years outstanding, how much will it likely cost to get a lease extension by, say, fifty years?
  • I’m about to offer on a one bedroom apartment to purchase in the Toton area and was interested in finding out what the likely fees would be for a lease extension? It has seventy seven years outstanding...
  • I have got a leasehold flat in the Toton area and was wondering if I could obtain a lease extension. What are your processes and fees. Has 76 years outstanding
  • I need to negotiate a lease extension for a flat in Toton and want to use a local conveyancing practitioners. Are you able to help me find a solicitors?
  • I own a one bedroom apartment in Toton. The lease started in 1997 for 99 years. Now I am wanting to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • My neighbours and I are in a block made up five flats in Toton and have been offered to buy the freehold for 7k 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?
  • We are are hoping to complete on a maisonette in Toton which has share of freehold and a leasehold. The lease was on the short side so the owner commenced dealing with a lease extension. The owner has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our conveyancers to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we have to hold on until the new lease is registered?
  • We currently own a two bedroom second floor purpose built maisonette in Toton and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 67 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • I have sixety six years remaining on my lease of a ground floor flat in Toton, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • I am currently negotiating a lease extension for my flat in Toton 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 Toton

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