Top Ten Questions relating to Turnpike Lane Lease Extensions

  • I need to extend my existing lease can you assist? I think it has 66 years outstanding
  • The terms for the lease on my flat in Turnpike Lane are 95 years from 1 Feb 1990. Please provide me a quote to extend the lease if I give you more specifics please?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Turnpike Lane, and would like some figures on that.
  • We inherited a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Turnpike Lane and looking to do a vesting order. Is this something you can help us with?
  • I'm looking for a flat to buy in Turnpike Lane and I'm not really familiar with the leasehold title. I've identified a garden flat I like with a 90 years lease. My research reveals that I can apply for a lease extension after a couple of years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
  • I am considering bidding for an auction property and identified a studio flat in Turnpike Lane. It only has a fifty year lease..the vendor as mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this except for the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Lloyds TSB Bank?
  • I intend to buy a one bed flat in Turnpike Lane for asking price of 156k, which has 72 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My conveyancing practitioners (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?
  • I am planning to extend the lease on my three bed flat in Turnpike Lane I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I have a lease of 57 years remaining on my flat in Turnpike Lane. 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?

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