Coven Lease Extensions: Q and A’s

  • I just completed on a property in Coven and it has circa sixety four years outstanding. I'd like to extend the lease period
  • I am looking for a lease extension on the lease on my one bedroom second floor purpose built flat in Coven which will have seventy eight years remaining in September. What fees are applicable?
  • I have got a leasehold flat in the Coven area and was wondering whether I could get a lease extension. What are your processes and fees. There are fivety nine years balance left
  • I am a landlord of a block of flats in Coven, and the tenants are in the process of being granted lease extensions. I anticipate receiving funds next month. How does the tax work, the property is in joint names with my wife ?
  • My husband and I have a residential flat in Coven with seventy nine years left. Ten months ago we were quoted a deal to receive a lease extension for a further 25 years but also increase ground rent from notional to £200 per annum..plus a premium I think of approximately 10k. We have now decided to go ahead but do we now have to renegotiate?
  • My son has a share of freehold, with two other leaseholders in a building in Coven. House divided into three flats. He has a lease, which has nearly seventy yrs unexpired lease. 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?
  • I'm living with my parents but have a maisonette in Coven let out which has a 65 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Coven for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
  • I'm intent on buying a flat in Coven valued at £256,000 the flat has approximately 66 years remaining on the lease. My offer was subject to the lease being renewed... .. that was back in June, expecting I'd have moved in before now. They have just come back saying that they are prepared to knock £3k off if I deal with the lease extension myself. I'm not sure whether that's a good idea
  • Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Coven for a two bed flat - sec 42 is already served?
  • My fiance and I are in the throws of buying a property (a garden flat based inCoven with share of freehold). During our search, we were always looking at apartments that had at least 83 years unexpired. We found a place we fell in love with and the selling agent assured that the lease term was not an issue. Yesterday our conveyancing practitioners told us the lease only has 60 years and thus needs a lease extension. Should we run away, or do we reduce our offer?
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    Lease Extensions in Coven

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