Bromyard Lease Extensions: Q and A’s

  • So this is the scenario: I own a ground floor flat in Bromyard that I am finding difficult to sell as a result of the lease needing a lease extension. What's your solicitors fee ?
  • I am looking for a conveyancing practitioners in Bromyard and they should be on the Barnsley Building Society approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend a conveyancing practitioners ?
  • I am a first time buyer of a leasehold flat in Bromyard. The lease has only seventy two years unexpired and ground rent is £95. Is it possible for the flat owner to serve the Initial Notice and then transfer this right to me as the purchaser on the day of completion so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the owner? Unfortunately it’s the case of an absent landlord, so I am not sure how does it work.
  • My mortgage lender requires a £600 fee for their property lawyers to agree a lease extension for my flat in Bromyard... I am unable to find any mention of this in my mortgage contract... is this a standard charge?
  • My apartment in Bromyard is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want to extend the lease. What will it likely cost to get a lease extension by, say,25 years
  • I own a share of the freehold. There are three flats in the building. All the leaseholders are now requiring lease extensions. What's your solicitors fee?
  • I am looking to buy a one bed flat in Bromyard for asking price of 156k, which has 61 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 query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I am the freeholder of a Georgian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy one years. What are my next steps?
  • My OH and I would like to know the cost of a lease extension valuation for a property based in Bromyard. Would you be able to help?
  • If somebody 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 doing it?
  • Other Topics

    Lease Extensions in Bromyard

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