Recently asked questions relating to Cross Keys Lease Extensions

  • We agreed with the head landlord to a lease extension on our flat based in Cross Keys, 10k for an additional 90yrs. Are you willing to guide us with this situation ?
  • I am looking to extend the lease on my one bed flat in Cross Keys which will have sixety eight years outstanding in September. What fees apply?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Cross Keys, and my lease will reach 72 years this November. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I bought a 2 bed flat in Cross Keys. The lease commenced in 1997 for 99 years. Now I am looking for a lease extension. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • We purchased a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Cross Keys and are therefore considering the option of a vesting order. Is this something you can handle for us?
  • I own a share of the freehold. There are four apartments in the building. All the leaseholders are now requiring lease extensions. Are you able to help us with this situation?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 68 years. I need a at my end. Can you advise please? I live near Cross Keys and have a mortgage with Accord Mortgages Ltd.
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I am currently negotiating a lease extension for my flat in Cross Keys as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I'm looking for some advice with regard to a lease extension on my studio flat in Cross Keys. 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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