Questions and Answers: Broughton Astley Lease Extensions

  • I invested in buying a property in Broughton Astley and it has roughly 70 years left. I'd like to arrange a lease extension by twenty years
  • I inherited a garden flat in Broughton Astley with a leasehold unexpired of sixety years. I am enquiring about what I will need to spend to extend my lease term
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Broughton Astley, and my lease will reach 57 years this October. 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 am a FTB of a leasehold flat in Broughton Astley. The lease has only 56 years remaining and ground rent is £75. Is it possible for the vendor to serve the Notice of Claim and then assign over the right to me as the buyer on the day of completion so that I can avoid waiting 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 legal but will it be very time costly to the flat owner? To add to the complexity it’s the case of an absent freeholder, so I am not sure how this will play out.
  • We have a GFF in Broughton Astley. There is 80 years unexpired on the lease and we want to extend the lease. What does it cost on average to get a lease extension by, say,fifty years
  • I intend to buy a one bed flat in Broughton Astley for asking price of 156k, which has fivety eight 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 landlord 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?
  • Coming up to two years that I have been in my one bedroom apartment in Broughton Astley. I have sixety eight yrs unexpired lease on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 425k. 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?
  • It says on your website the likely fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my garden flat in Broughton Astley
  • I have a freehold of a three bedroom flat in Broughton Astley. The leaseholders have sixety six years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the garden flat in Broughton Astley. I reside in the top flat. I was reviewing the title deeds recently when I noticed that my flat has a lease on it. There is seventy years left on the lease. Is it possible to carry out a lease extension without using a ?

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