FAQs concerning Cross Keys Lease Extensions

  • My husband and I have just bought a garden flat located inCross Keys and I'm deliberating extending the lease as soon as I can e.g. after 24 months of ownership
  • My wife has an apartment in Cross Keys which we are about to put on the market. The leasehold has just under 74 years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I want to buy a leasehold property and lease extension. The vendor has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • Possibly made an error, I am seeking a solicitors in Cross Keys who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can assist me with?
  • I am a landlord of a block of flats in Cross Keys, and the leaseholders are in the process of being given lease extensions. I anticipate receiving funds next month. As I am not on self assessment do I write to the tax authorities ?
  • My OH and I are proceeding with a purchase of a one bedroom apartment in Cross Keys. I was advised by the EA that the lease extension had already been completed while on a viewing (sixety eight years unexpired lease prior to extension). The description on the listing said "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The current owner supposedly has a quote but no funds to extend and consequently the current owner intends to exchange and use the my deposit for the lease extension. My question is is it not odd that my conveyancers failed to pick this up far earlier than just before exchange?
  • I own a purpose-built flat based in a small block in Cross Keys. The leasehold interest in the flat on a 99 year lease started from 2nd March 1969 with a fixed yearly rent of 35. I would like to obtain a lease extension. Is it possible for me to talk with someone to discuss my options please?
  • I am the freeholder of a Edwardian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety six years. What are my next steps?
  • Just been over two years that I have been in my ground floor flat in Cross Keys. I have seventy four yrs outstanding on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • Me and my partner are in the throws of buying a property (a garden flat inCross Keys with share of freehold). Throughout our search, we were always looking at apartments that had at least 84 years remaining. We came across a flat we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. This morning our solicitors told us the lease only has seventy nine years and therefore needs a lease extension. Do we run away, or do we negotiate our offer?
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    Lease Extensions in Cross Keys

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