Hi there,

My partner and I are in the process of buying our first flat, a London maisonette from 1930s. The current lease is 99 years from September 2009 approx 88 years left.

We were told that the ground rent is £200 pound pa but only during conveyancing process did we find out it doubles every 25 years.

Would anyone be able to advise what would be the cost of statutory extension by 90 years with peppercorn rent once we qualify?

We were taken aback a bit by it and we are not sure if we should still proceed.

Any help would be greatly appreciated

My partner and I are in the process of buying our first flat, a London maisonette from 1930s. The current lease is 99 years from September 2009 approx 88 years left.

We were told that the ground rent is £200 pound pa but only during conveyancing process did we find out it doubles every 25 years.

Would anyone be able to advise what would be the cost of statutory extension by 90 years with peppercorn rent once we qualify?

We were taken aback a bit by it and we are not sure if we should still proceed.

Any help would be greatly appreciated

## Comment