Questions and Answers: Burwell Lease Extensions

  • I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has 67 years unexpired
  • I am going to purchase a flat in Burwell. The offer is conditional upon a lease extension. The owner’s has given to the freeholder the Section 42 Notice. 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 HSBC Bank. Moreover, which are the following lease extension steps to complete the purchase?
  • I am a FTB of a leasehold flat in Burwell. The lease has only 64 years outstanding and ground rent is £50. Is it possible for the seller to serve the Notice of Claim and then assign over the right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 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 current owner? Unfortunately the landlord is absent, so I am not sure how this will play out.
  • Me and my husband are considering purchasing a garden flat in Burwell which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • I am looking for advice as I am interested in a property that has only a 57 year lease and therefore requires a lease extension. Can I call someone to discuss my options please?
  • I would like some guidance on purchasing a leasehold residence. We plan to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Burwell area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • I own the freehold reversion of a property in Burwell where the leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has upped this by £2,000 at the drop of a hat. My valuer has recommended a much higher premium. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to face?
  • We currently own a two bedroom first floor purpose built maisonette in Burwell and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 70 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • Do you handle lease extensions on land? (a plot of land in Burwell with 82yrs remaining)
  • I'm looking for some advice with regard to a lease extension on my one bed flat in Burwell. 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 Burwell