Questions and Answers: Yiewsley Lease Extensions

  • I agreed with the landlord for a lease extension on our flat located in Yiewsley, 13k for an extension by 90yrs. How long will it take ?
  • I just completed on a property in Yiewsley and it has approximately 66 years outstanding. I'd like to arrange a lease extension by twenty years
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 899 years residual lease term so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any advice would be much appreciated.
  • Are you able to advise on the likely expense and the optimum way to start the lease extension process? I have around 59 years remaining and I own a garden flat in Yiewsley.
  • We have a ground floor flat in Yiewsley with 74 years unexpired. Last year we were quoted a deal to receive a lease extension for another fifty years but also increase ground rent from notional to a little more..plus a premium I think of approximately 9k. Finally we have decided to move forward but do we now have to renegotiate?
  • I am looking to buy a one bed flat in Yiewsley for asking price of 145k, which has sixety 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 query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am looking to extend the lease on my garden flat in Yiewsley I am looking for a local company to calculate 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.
  • Me and my OH would like to know the cost of a lease extension valuation for a property based in Yiewsley. Would you be able to help?
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • Hello I am the freeholder interest in a one bedroom flat in Yiewsley. The leaseholder has a 65 year lease and would like to purchase further 125 years. He is offering me £21,000 but I am not sure if this is a correct amount

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