Common questions relating to Binstead Lease Extensions

  • I acquired a flat in Binstead with a leasehold unexpired around seventy years and need to extend it. Please can you advise me of the next steps
  • Hi, I just randomly found this site. I'm seeking prices on what it cost to extend a lease of a garden flat based in Binstead. It's up for sale at the moment but has nearon 65 years unexpired lease on the lease
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Binstead, and my lease will reach sixety eight years this June. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I need to talk to you about a leasehold property in Binstead, I am thinking of bidding at auction in the next few days. The flat only has a few years outstanding and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • I will soon view a two bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 79 years balance left on the lease. It is also a repo so I'm assuming that the lender will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • I am a FTB of a leasehold flat in Binstead. The lease has just fivety seven years remaining and ground rent is £25. Is it possible for the vendor to serve the Initial Notice and then transfer over the right to me as the buyer on the day of completion so that I can avoid waiting for the 2 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 costly to the current owner? Unfortunately it’s the case of an absent freeholder, so I am not sure how does it work.
  • My son has a share of freehold, with two other leaseholders in a building in Binstead. House converted into three flats. He has a lease, which has nearly sixety five yrs remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I am hoping to extend the lease on my one bedroom apartment in Binstead I am looking for help to verify the premium. I have a price from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • If a leaseholder owns a flat with a lease of less than 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 currently own a 2 bed flat in Binstead and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 57 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Binstead