FAQs concerning Colne Lease Extensions

  • I’m about to offer on a maisonette to buy in the Colne area and was wondering how much would it cost for a lease extension? It has fivety nine years as a balance left...
  • I am interested in getting a lease extension for a flat in Colne and want to use a local lawyers. Is there a lawyers that you can recommend?
  • I have contacted my freeholder to extend my lease for my flat in Colne. Her solicitors has been in contact with costs etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started June 1992.
  • Think I may have made an error, I am searching for a solicitors in Colne who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?
  • I am looking at bidding for an auction property and came upon a two bed flat in Colne. It has just 50 year lease..the vendor as mortgagees in possession dont want to mess around with negotiating a lease extension..what are the drawbacks of this other than the costly fee to extend the lease and decreased chance of getting a mortgage with Yorkshire Building Society?
  • Ref a leasehold in Colne. upper maisonette. 62 yrs unexpired. I have an agreed lease extension to £14k for 115yrs. Freeholder also requested Section 42 Notice which I think is a tad over the top. Advice required.
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy four years. I need a lawyers at my end. Can you advise please? I live near Colne and have a mortgage with Coventry Building Society.
  • My partner and I have been in discussion with our freeholder after having a valuation on our studio flat in Colne. We have a 77 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 conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • We are acquiring a studio flat in Colne which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of dealing with a lease extension. The vendor 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 conveyancing process is for our conveyancing practitioners to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must wait until the lease extension has actually been registered before completing.?
  • I know that others in the same building previously had a lease extension, and the landlord seemed amenable. It therefore appears worth taking risk of not having formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you suggest such a course of action?
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    Lease Extensions in Colne

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