Frequently asked questions relating to Audley Lease Extensions

  • My husband and I have just completed on a one bedroom apartment inAudley and I'm deliberating a lease extension as soon as practicable e.g. in two years
  • I am looking for a property lawyers in Audley and they should be on the Bank of Ireland approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend any please ?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Audley, and would like some figures on that.
  • I need to talk to you about a leasehold property in Audley, I am thinking of buying at auction next week. The flat only has a few years remaining and I was wondering about how much it would cost to get a lease extension and for your services.
  • I'm looking for a flat to purchase in Audley and I'm not really familiar with the leasehold arrangement. I've identified a one bedroom first floor purpose built maisonette I like with a 87 years lease. I've read that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with the mortgage?
  • I am a first time buyer of a leasehold flat in Audley. The lease has just sixety four years remaining and ground rent is £75. Is it possible for the homeowner to serve the Section 42 Notice and then transfer over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the flat owner? Unfortunately the freeholder can not be found, so I am not sure how this will play out.
  • I an interested in finding out more about purchasing a leasehold residence. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Audley area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • We would like to know the cost of a lease extension valuation for a property based in Audley. Would you be able to help?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to acquire in Audley. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.
  • I am currently negotiating a lease extension for my flat in Audley as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
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    Lease Extensions in Audley

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