Frequently asked questions relating to Coningsby Lease Extensions

  • My OH and I have just completed on a garden flat located inConingsby and I'm thinking about extending the lease as soon as possible e.g. after 24 months of ownership
  • My co-lessees and I are in a building comprising four flats in Coningsby and have been offered to buy the freehold for £3,500 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 Coningsby and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with Barnsley Building Society to release of equity. The adviser dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease commenced in 1972 and since then the ground rent has been raised from £38.00 per year to £100 per year.
  • We are looking to extend our lease. We will have been in the property for two years as of 1st Feb 2015. It has about 77 years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as is reasonably achievable.
  • I am looking to buy a one bed flat in Coningsby for asking price of 156k, which has 56 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am planning to extend the lease on my ground floor flat in Coningsby I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety six years. I need a at my end. Can you advise please? I live near Coningsby and have a mortgage with Virgin Money.
  • Coming up to 2 years that I have been in my 2 bed flat in Coningsby. I have 77 yrs unexpired lease 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 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Coningsby for a three bed flat - sec 42 is already in place?
  • I'm hoping for some assistance with regard to a lease extension on my maisonette. I'll be looking to do this next summer as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Can you recommend a good who specialises in lease extensions. Preferably someone in Coningsby area?

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