Top Ten Questions relating to Coventry Lease Extensions

  • I plan on buying a flat in Coventry. My offer is subject to the lease extension. The homeowner’s conveyancers has given to the freeholder 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 Barclays . Moreover, which are the following lease extension steps to complete the purchase?
  • I have my suspicions that my daughter might be having the wool pulled over her eyes. She submitted an offer on a garden flat in Coventry, where the lease is just over seventy six years but she was advised by the selling agents that the vendor had extended it to 99 years. Only now has she been informed the owner was waiting for her to retain conveyancers prior to commencing with the lease extension. Sounds odd to me, also it could take time to sort it all out. Am I reading too much into it?
  • My mortgage provider requires several hundred pounds for their conveyancing practitioners to agree a lease extension for my flat in Coventry... I can find no reference of this in my mortgage guide... is this a usual charge?
  • We are looking to extend our lease. We will have been in the apartment for two years as of 21st April 2016. It has circa seventy eight years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.
  • I am looking for advice as I am interested in a property that has only a 60 year lease and therefore requires a lease extension. Can I talk with someone to go through my options please?
  • I'm living with my parents but have a garden flat in Coventry let out which has a sixety three 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 Coventry 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 am the freeholder of a property in Coventry where the leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this to £10,000 without too much effort. My valuer has put forward a much higher premium. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to incur?
  • My and my husband are worried about seeking a lease extension from an objectionable landlord. Regardless of the fact that the correct procedures were followed under the appropriate legislation, the landlord still tried to charge ground rent of £250 doubling every twenty years of the new lease. Can you assist?
  • We know that others in the same block previously had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on previous prices . This would save on double valuation fees. Would you recommend this course of action?
  • I'm looking for some advice with regard to a lease extension on my garden flat in Coventry. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Can you recommend a good conveyancers who specialises in lease extensions?
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    Lease Extensions in Coventry

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