Examples of recent questions relating to Lease Extensions in Cann Hall

  • We have just purchased a garden flat based inCann Hall and I'm considering extending the lease as soon as practicable e.g. after two years
  • So this is the scenario: I bought a three bedroom second floor purpose built maisonette in Cann Hall that I am now unable to sell due to the lease requiring a lease extension. What's your solicitors fee ?
  • I inherited a property in Cann Hall and it has just under 77 years left. I'd like to arrange a lease extension by twenty years
  • We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 928 years balance left so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any feedback would be much appreciated.
  • I'm considering buying a maisonette (leasehold) but the freeholder has been missing for nearon 15yrs. I wonder whether it will be less expensive to try to buy the freehold or to get a lease extension and apply for right to manage?
  • Ref a residence in Cann Hall. GFF maisonette. seventy seven yrs unexpired. I have negotiated a lease extension price of £12,000 for 125yrs. Freeholder also insisted on Section 42 Notice which I think is a tad over the top. Can you assist.
  • My husband has a share of freehold, with two other leaseholders in a building in Cann Hall. House split into three flats. He has a lease, which has approximately sixety four years left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • Coming up to 2 years that I have owned my ground floor flat in Cann Hall. I have 78 years outstanding on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 425k. 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: Is there a benefit in getting a Cann Hall based property lawyers or any will do fine?
  • We are hoping to buy a flat (a one bedroom apartment located inCann Hall with share of freehold). During our search, we were always looking at apartments that had at least eighty five years outstanding. We identified a place we liked and the selling agent promised us that the lease was long albeit not specifying a number. Today our lawyers advised us the lease only has 55 years and therefore needs a lease extension. Should we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I have a lease of fivety five years remaining on my flat in Cann Hall. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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