Bessacarr Lease Extensions

Questions and Answers: Bessacarr Lease Extensions

Hello. I need a conveyancers to review my lease extension prior to it being signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor changes.

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I'm considering purchasing a one bedroom apartment (leasehold) but the freeholder has been missing for slightly less than 15yrs. My question is would it be less expensive to try to purchase the reversionary title or to extend lease and apply for RTM?

I an interested in finding out more about purchasing a leasehold residence. We are going to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Bessacarr 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 have owned a leasehold flat for approximately eighteen years. It now has 75 years remaining on the lease. After a year of difficult negotiations through my solicitors and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome advice.

I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 55 years. I need a solicitors at my end. Can you advise please? I live near Bessacarr and have a mortgage with Chelsea Building Society.

If a leaseholder 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?

I own the freehold reversion of a property in Bessacarr where the leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £9,000, but has increased this by £2,000 without too much effort. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?

I have fivety four years remaining on my lease of a ground floor flat in Bessacarr, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable

I was hoping you might be able to tell me the process of how to apply for a lease extension for my two bedroom second floor purpose built maisonette in Bessacarr

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