Bury St Edmunds Lease Extensions: Q and A’s

  • Hello. I need a to review my lease extension prior to it being formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.
  • I am the owner of a maisonnette together with the freehold. My downstairs neighbours have asked to extend the lease what do I need to do?
  • I am going to purchase a flat located in Bury St Edmunds. The offer is conditional upon a lease extension. The flat owner’s has served 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 Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?
  • We inherited a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Bury St Edmunds and are therefore deliberating the option of a vesting order. Is this something you can help us with?
  • I am looking to buy a one bed flat in Bury St Edmunds for asking price of 156k, which has sixety 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 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 own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 77 years. I need a at my end. Can you advise please? I live near Bury St Edmunds and have a mortgage with Alliance & Leicester .
  • It says on your website the likely fee to extend a lease is £495. Is that the all inclusive cost including vat and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my one bedroom apartment in Bury St Edmunds
  • I'm looking at acquiring an apartment in Bury St Edmunds at a price of £195,000 the flat has something like 70 years unexpired on the lease. I put in an offer subject to the lease being extended... .. that was back in August, expecting I'd have completed by now. The seller has just come back saying they'll knock £4k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Bury St Edmunds for a two bed flat - section 42 having been issued?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Bury St Edmunds

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