Lease Extensions in Bembridge

Sample questions relating to Bembridge Lease Extensions

40k agreed with the freeholder, just trying to find a Bembridge for a lease extension. Our lease has slightly more 65 yrsleft. Are you willing to help us with this situation ?

I purchased a flat in Bembridge with a leasehold unexpired slightly less than 73 years and need a lease extension. Please can you advise me of the next stages

I have shares in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leaseholders want a lease extension and I'm wondering about the procedure for this

I want to buy a leasehold property and extend the lease. The seller has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I am going to purchase a flat located in Bembridge. The offer is conditional upon a lease extension. The seller’s has served the Notice of Claim. 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 The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?

We own a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Bembridge and looking to do a vesting order. Is this something you can handle for us?

I am a first time buyer of a leasehold flat in Bembridge. The lease has only 54 years outstanding and ground rent is £25. Is it possible for the vendor to serve the Notice of Claim and then transfer this right to me as the purchaser 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 is legal but will it be very time consuming to the current owner? Unfortunately the freeholder can not be found, so I am not sure how does it work.

I am concerned that my niece is being hoodwinked. She put in an offer on a one bed flat in Bembridge, where the lease is circa 75 years but she was told by the estate agents that the seller had extended it to 125 years. She has now been informed the homeowner was waiting for her to instruct lawyers ahead of instigating the lease extension. Seems underhand, also it will take a while to sort it all out. Am I being too sceptical?

We know that others in the same block had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on on the prices by others . This would save on double valuation charges. Would you suggest this course of action?

I require an estimate to extend my aunt’s lease on a garden flat in Bembridge. She already has a figure from the freeholder for a lease extension but I am far from certain if it is too expensive.

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