FAQs concerning Binfield Lease Extensions

  • I’m about to offer on a one bedroom apartment to purchase in the Binfield area and was after more information on what the likely fees would be for a lease extension? It has 55 years residual lease term...
  • I have a lease of 64 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I am the owner of a maisonnette together with the freehold reversion. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • We purchased a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Binfield and are therefore deliberating the option of a vesting order. Is this something you can handle for us?
  • I'm looking for a flat to buy in Binfield and I'm not really familiar with the leasehold concept. I've found a garden flat I like with a 82 years lease. My research reveals that I can go for a lease extension after 2 years, but:- Is this a given?
  • I am looking at bidding for an auction property and identified a studio flat in Binfield. It has just fifty year lease..the current owner as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this except for the expensive fee to extend the lease and reduced chance of getting a mortgage with Nationwide Building Society?
  • I own the freehold of a one bedroom flat in Binfield. The leaseholders have sixety years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • We are hoping to buy a flat (a garden flat inBinfield with share of freehold). During our search, we were always looking at properties that had a minimum ninety years balance left. We identified a flat we fell in love with and the selling agent assured that the lease term was not an issue. Today our informed us the lease only has 75 years and thus requires a lease extension. Do we run away, or do we negotiate our offer?
  • I require an estimate to extend my mother’s lease on a one bedroom apartment in Binfield. She already has a figure from the landlord for a lease extension but I am far from certain if it is too expensive.
  • I have sixety seven years remaining on my lease of a ground floor flat in Binfield, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable

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