Common questions relating to Upney Lease Extensions

  • I purchased a one bedroom apartment in Upney. The lease started in 1997 for 99 years. Now I am wanting for a lease extension. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
  • We acquired a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Upney and looking to do a vesting order. Is this something you can help us with?
  • I'm looking for a flat to purchase in Upney and I'm not really familiar with the leasehold title. I've identified a garden flat I like with a 82 years lease. I've read that I can go for a lease extension after 2 years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
  • I am looking at buying an auction property and identified a studio flat in Upney. It has just 50 year lease..the current owner being mortgagees in possession will not want to mess around with negotiating a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and decreased chance of getting a mortgage with Bank of Ireland?
  • I would like some guidance on leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Upney area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • Me and my partner have been in discussion with our freeholder after having a valuation on our studio flat in Upney. We have a 77 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I own the freehold of a couple of flats. Someone has the lease on the lower flat in Upney. I live in the upper flat. I was reviewing the title deeds last night when I noticed that my flat has a lease on it. There is seventy seven years balance left. If I want to do a lease extension then would I just be paying for the fees?
  • I am the freeholder of a property in Upney where the leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
  • I am planning on remortgaging my one bedroom apartment in Upney and the new lender that I am looking to switch to requires at least 80 years remaining on the lease in order for them to take the mortgage forward. I have discovered that I currently have around 60 years on the leasehold so require some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • Do you handle lease extensions on land? (a plot of land in Upney with 82yrs remaining)

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