Frequently asked questions relating to Buckingham Lease Extensions

  • 20,000 agreed with the landlord’s agents, just trying to find a Buckingham for a lease extension. Our lease has just under 75 yearsleft. Are you able to help us with this situation ?
  • So this is the scenario: I inherited a maisonette in Buckingham that I now cannot sell due to the lease requiring a lease extension. Are you able to help me with this situation ?
  • I invested in buying a property in Buckingham and it has just over 64 years balance left. I'd like to extend the lease period
  • I have been in touch with my freeholder for a lease extension for my flat in Buckingham. Her has been in contact regarding fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started December 1984.
  • Regarding a leasehold in Buckingham. lower maisonette. 55 yrs left. I have an agreed lease extension to £12,000 for 115yrs. Freeholder also requested Notice of Claim which I think should not be required. Advice required.
  • We have a ground floor flat in Buckingham with seventy two years unexpired. Last year we were quoted a deal to have a lease extension for another fifty years but also increase ground rent from notional to £250 per annum..plus a premium I think of approximately 14k. Finally we have decided to proceed but do we now have to renegotiate?
  • I intend to buy a one bed flat in Buckingham for asking price of 145k, which has 55 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. 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'm living with my parents but have a studio flat in Buckingham let out which has a seventy one 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 Buckingham 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. Should I keep or sell the flat?
  • I'm intent on acquiring an apartment in Buckingham at a price of £210,000 the flat has approximately 56 years left on the lease. My offer was conditional upon a lease extension... .. that was back in August, expecting I'd be in by now. They have just come back saying they are willing to knock £3k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • I'm looking for some advice with regard to a lease extension on my garden flat in Buckingham. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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