Top Ten Questions relating to Bourne End Lease Extensions

  • I am looking for a in Bourne End and they need to be on the Chelsea Building Society approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend any please ?
  • I am looking into the costs of carrying out a lease extension for my GFF in Bourne End, and would like some figures on that.
  • I am about to view a two bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has fivety nine years balance left on the lease. It is also a repossession so I'm guessing that the bank will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
  • Me and my husband had entered into a purchase of a studio flat in Bourne End. I was advised that the lease had been extended (sixety one years outstanding prior to extension). The description on the listing said "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The current owner apparently has a quote but no finances to extend as a result the seller intends to exchange and use the 10% deposit to extend the lease. My question is how is possible that the estate agent got it so wrong?
  • I am the freeholder of a Edwardian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 74 years. What are my next steps?
  • I'm living at mum and dad but have a one bedroom apartment in Bourne End let out which has a sixety four year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Bourne End for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the total cost including vat and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my one bedroom apartment in Bourne End
  • I'm seeking some advice with regard to a lease extension on my apartment. The plan is to do this in nine months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • My daughter is worried about seeking a lease extension from a difficult freeholder. Regardless of the fact that the legal procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £250 increasing by 100% every 25 years of the new term. Can you help?
  • I am currently negotiating a lease extension for my flat in Bourne End as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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