Recently asked questions relating to Clare Lease Extensions

  • We agreed with the head landlord for a lease extension on our flat based in Clare, 6.5k for another 90yrs. How long will it take ?
  • I’m about to offer on a studio flat to purchase in the Clare area and was wondering what the likely fees would be for a lease extension? It has 65 years residual lease term...
  • I am considering investing in a holiday home but it has a lease that expires in fifteen years. Its in Clare - I wanted to see if with your services this could be extended?
  • I invested in buying a ground floor flat based in Clare with a leasehold unexpired of sixety five years. I am enquiring about how much it will cost me to extend my lease term
  • My husband and I have a GFF located in Clare. There is 81 years to run on the lease and we want to extend the lease. What will it likely cost to extend in this area by, say,fifty years
  • We are considering purchasing a three bed flat in Clare which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and block me from having a lease extension?
  • Me and my husband are purchasing a one bedroom second floor purpose built maisonette in Clare which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our to do a pre-completion 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 lease title number is not known. Is it right that we must wait until the lease extension has actually been registered before completing.?
  • I am currently negotiating a lease extension for my flat in Clare as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • 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 Clare
  • I have a lease of sixety nine years remaining on my flat in Clare. 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 Clare