Addlestone Lease Extensions: Q and A’s

  • I plan on buying a flat based in Addlestone. The offer is conditional upon a lease extension. The owner’s property lawyers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Santander. Moreover, which are the following lease extension steps to complete the purchase?
  • I am a landlord of a block of flats in Addlestone, and the tenants are in the process of being given lease extensions. I should hopefully get the money within a month or so. Are there any tax implications, the property is in joint names with my wife ?
  • My husband and I have a GFF located in Addlestone. There is eighty years remaining on the lease and we want a lease extension. What will it likely cost to extend in this area by, say,35 years
  • We are looking to extend our lease having owned the flat for 2 years as of 6th April 2015. It has nearly sixety four years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • We would like to know the cost of a lease extension valuation for a property based in Addlestone. Is this something you can assist us with?
  • My partner and I have been in discussion with our freeholder after having a valuation on our 2 bed flat in Addlestone. We have a sixety seven year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that she 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 lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • My wife and I are purchasing a one bedroom apartment in Addlestone which has share of freehold and a leasehold. The lease was on the short side so the seller 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 conveyancers to do a pre-completion search on the property title. The concern here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we have to hold on until the lease extension has actually been registered before completing.?
  • I own the freehold to two flats. Someone has the lease on the ground flat in Addlestone. I occupy in the upper flat. I was reviewing the title deeds last night when I noticed that my flat is leasehold. There is 60 years residual lease term. Is it possible to carry out a lease extension without retaining a conveyancing practitioners?
  • Do you handle lease extensions on land? (a plot of land in Addlestone with 82yrs remaining)
  • I'm looking for some advice with regard to a lease extension on my three bedroom second floor purpose built flat in Addlestone. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Addlestone

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