FAQs concerning Cilcain Lease Extensions

  • Me and my husband are seeking a lease extension for our garden flat located in Cilcain and we don't fully understand the communication that we received from our landlord company. What's your solicitors fee?
  • 40k agreed with the landlord, just seeking to find a Cilcain for a lease extension. Our lease has nearly 67 yearsoutstanding. Can you please help us with this situation ?
  • I am considering investing in a second home but it has a lease that expires in fifteen years. Its in Cilcain - I wanted to see if with your services this could be extended?
  • I'm about to make an offer on a house in Cilcain but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Nottingham Building Society giving us the mortgage now?
  • I plan on buying a flat based in Cilcain. My offer is subject to the lease extension. The seller’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 Skipton Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking to either purchase the freehold or a lease extension of my property in Cilcain and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Accord Mortgages Ltd to free up equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease started in 1972 and since then the ground rent has been raised from £25.00 per year to £100 per annum.
  • I am looking to buy a one bed flat in Cilcain for asking price of 145k, which has sixety two years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I note that your website states the likely fee for dealing with a lease extension is £495. Is that the total cost excluding vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my ground floor flat in Cilcain
  • We are buying a one bedroom apartment in Cilcain which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must hold on until the lease extension has actually been registered before completing.?
  • We have a two bedroom second floor purpose built maisonette in Cilcain with a lease of 64 years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

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