Recently asked questions relating to Binstead Lease Extensions

  • I am considering investing in a second home but it has a lease that expires in eighteen years. Its in Binstead - I wanted to see if with your services this could be extended?
  • I am the owner of a maisonnette and the freehold. The owners of the upstairs flat have asked for a lease extension what do I need to do?
  • The terms for the lease on my apartment in Binstead are 95 years from 15 Dec 1989. Please supply me me a quote to extend the lease if I give you more details please?
  • Is it possible to talk with you about a leasehold property in Binstead, I am considering buying at auction next month. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I have my suspicions that my daughter is being hoodwinked. She submitted an offer on a studio flat in Binstead, where the lease is just under sixety five years but she was told by the selling agents that the homeowner had extended it to 99 years. She has now been advised the homeowner was holding off for her to instruct solicitors ahead of instigating the lease extension. Seems devious, also it may take time to sort it all out. Am I being too sceptical?
  • I am looking to buy a one bed flat in Binstead for asking price of 125k, which has 71 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I am looking for advice as I am interested in a property that has only a 55 year lease and therefore requires a lease extension. Can I talk with someone to go through my options please?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • Just been over 2 years that I have owned my three bedroom first floor purpose built flat in Binstead. I have 62 years remaining on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • My wife and I are concerned about getting a lease extension from an objectionable freeholder. Notwithstanding that the legal procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £300 doubling every twenty years of the new term. Can you assist?

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