Questions and Answers: Upney Lease Extensions

  • Hi. I need someone to have a look at my lease extension before it's signed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small variations.
  • I am about to put an offer in on a studio flat in Upney with a lease of seventy six years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • We are in a block containing three flats in Upney 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?
  • My brother has a share of freehold, with two other leaseholders in a building in Upney. House divided into three flats. He has a lease, which has around 54 yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Upney. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Upney. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the garden area.
  • I note that your website states the likely fee for dealing with a lease extension is £495. Is that the total cost excluding vat and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my studio flat in Upney
  • I'm looking at acquiring a flat in Upney at a price of £210,000 the flat has approaching seventy years unexpired on the lease. I put in an offer conditional upon the lease being extended... .. that was back in November, hoping I'd have completed by now. The seller has just informed the agent that they are prepared to reduce the price by£2k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • Me and my sister are purchasing a 2 bed flat in Upney which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must be patient until the lease extension has actually been registered before completing.?
  • We currently own a garden flat in Upney 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 62 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?

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