Top Ten Questions relating to Townhill Lease Extensions

  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has sixety three years unexpired.
  • I am looking to purchase a garden flat in Townhill with a lease of 68 years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am the owner of a maisonnette together with the freehold title. The owners of the upstairs flat have asked to extend the lease what do I need to do?
  • My co-lessees and I are in a block consisting of four flats in Townhill and have been offered to buy the freehold for £5000 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 have a GFF located in Townhill. There is eighty years remaining on the lease and we want to extend the lease. What does it cost on average to get a lease extension by, say,25 years
  • My lawyers (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?
  • My wife and I have owned a leasehold flat for approximately eighteen years. There are sixety nine years outstanding on the lease. After a year of difficult negotiations through my solicitors and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would appreciate advice.
  • My OH and I are hoping to buy a flat (a studio flat inTownhill with share of freehold). Throughout our search, we were always looking at apartments that had at least 84 years left. We found a flat we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. This morning our lawyers informed us the lease only has 64 years and therefore needs a lease extension. Should we run away, or should we reduce our offer?
  • I'm seeking some assistance with regard to extending the lease on my flat. I'll be looking to do this next autumn as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • I am concerned about seeking a lease extension from a difficult freeholder. Regardless of the fact that the legal procedures were adhered to under the appropriate legislation, the freeholder still attempted to get ground rent of £300 doubling every twenty five years of the new lease. Can you help?
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    Lease Extensions in Townhill

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