Recently asked questions relating to Burbage Lease Extensions

  • I own a ground floor flat in Burbage that I now cannot sell due to the lease requiring a lease extension. How long will it take ?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 59 years balance left.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Burbage, and my lease will reach 71 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 Tribunal court?
  • I have been in touch with my freeholder to extend my lease for my flat in Burbage. Her lawyers has been in contact concerning costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started October 1990.
  • I'm living at mother and father but have a maisonette in Burbage let out which has a 55 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 Burbage 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 19k. Should I keep or sell the flat?
  • Just been over two years that I have owned my one bedroom first floor purpose built flat in Burbage. I have 73 years remaining on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • My husband and I are purchasing a one bed flat in Burbage which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of extending the lease. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our conveyancing practitioners to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we have to hold on pending registration of the new lease?
  • I require an estimate to extend my aunt’s lease on a garden flat in Burbage. She recently got a price from the freeholder for a lease extension but I am not sure it is reasonable.
  • I have seventy four years remaining on my lease of a ground floor flat in Burbage, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • I'm looking for some advice with regard to a lease extension on my two bedroom ground floor purpose built flat in Burbage. 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?
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    Lease Extensions in Burbage

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