Examples of recent questions relating to Lease Extensions in Cherry Willingham

  • I bought a one bedroom first floor purpose built flat in Cherry Willingham with a leasehold unexpired of seventy eight years. I am wondering about what I will need to spend to extend my leasehold
  • I am looking to purchase a one bedroom apartment in Cherry Willingham with a lease of 78 years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am going to purchase a flat in Cherry Willingham. My offer is conditional upon a lease extension. The vendor’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 Barclays Direct. Moreover, which are the following lease extension steps to complete the purchase?
  • My neighbours and I are in a building made up three flats in Cherry Willingham and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am looking to either purchase the freehold or a lease extension of my property in Cherry Willingham and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Virgin Money to release of equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease commenced in 1972 and since then the ground rent has increased from £25.00 per year to £100 per annum.
  • I have my suspicions that my daughter is being hoodwinked. She submitted an offer on a two bedroom second floor purpose built flat in Cherry Willingham, where the lease is around 55 years but she was advised by the estate agents that the vendor had extended it to 99 years. She has now been told the owner was holding off for her to appoint conveyancers ahead of instigating the lease extension. Seems odd to me, also it will take time to sort it all out. Am I reading too much into it?
  • My son has a share of freehold, with two other leaseholders in a building in Cherry Willingham. House divided into three flats. He has a lease, which has slightly more than 71 yrs 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?
  • My brother and I have owned a leasehold flat for approximately twenty years. There are 61 years left on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome some independent thoughts.
  • My wife and I would like to know the cost of a lease extension valuation for a property based in Cherry Willingham. Is this something you can help us with?
  • We have been in discussion with our freeholder after having a valuation on our maisonette in Cherry Willingham. We have a 55 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.

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