Common questions relating to Bruton Lease Extensions

  • We agreed with the freeholder to a lease extension on our flat in Bruton, 16k for an additional 90yrs. How long is the process ?
  • I need to negotiate a lease extension for a flat in Bruton and want to use a local conveyancing practitioners. Is there a solicitors that you can recommend?
  • I plan on buying a flat in Bruton. My offer is subject to the lease extension. The owner’s solicitors has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Halifax. Moreover, which are the following lease extension steps to complete the purchase?
  • My mortgage lender requires several hundred pounds for their conveyancing practitioners to approve the lease extension deed for my flat in Bruton... I am unable to find any mention of this in my mortgage booklet... is this a normal fee to pay?
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to buy in Bruton. The house is freehold but the garden is officially leasehold, 995 year lease from 1854. Its the garden area.
  • If a leaseholder owns a flat with a lease of under 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?
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding vat and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my 2 bed flat in Bruton
  • My friend is concerned about obtaining a lease extension from an objectionable landlord. Even though the correct procedures were adhered to under the 1993 Act, the landlord still attempted to charge ground rent of £200 doubling every 25 years of the new term. Can you assist?
  • I am currently in the process of remortgaging my garden flat in Bruton and the new lender that I am looking to move to requires at least 85 years remaining on the lease in order for them to progress matters. I have found that I currently have around 58 years on the leasehold so require some advice, guidance, and some quotes to get the wheels in motion for a lease extension
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Bruton
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    Lease Extensions in Bruton

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