Lease Extensions in Arley

Arley Lease Extensions Example Support Desk Enquiries

I want to purchase a leasehold property and lease extension. The vendor has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 899 years outstanding 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 correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any suggestions would be much appreciated.

I am the owner of a maisonnette together with the freehold reversion. My upstairs neighbours have asked to extend the lease what do I need to do?

I would like to have my residential flat leasehold extension premium valued. The flat is in Arley, and my lease will reach seventy four years this April. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?

I have my suspicions that my niece is being hoodwinked. She put in an offer on a three bed flat in Arley, where the lease is around 64 years but she was told by the estate agents that the current owner had extended it to 125 years. Only now has she been advised the owner was holding off for her to appoint conveyancers ahead of instigating the lease extension. Sounds devious, also it will take a while to sort it all out. Am I being too sceptical?

I am a landlord of a block of flats in Arley, and the tenants are in the process of being granted lease extensions. I should hopefully get the money within a month or so. As I am not on self assessment do I get in touch with HMRC ?

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy eight years. I need a at my end. Can you advise please? I live near Arley and have a mortgage with Lloyds TSB Bank.

If somebody 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?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Arley

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