Frequently asked questions relating to Danescourt Lease Extensions

  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 928 years unexpired so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any help would be much appreciated.
  • I own a maisonnette together with the freehold title. The owners of the upstairs flat have asked to extend the lease what do I need to do?
  • We hope to sell our three bed flat in Danescourt but we may require a lease extension, or at least cover the expense of our purchaser. Are you able to help me find a to handle this?
  • Possibly made an error, I am seeking a in Danescourt who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • The terms for the lease on my apartment in Danescourt are 101 years from 12 Sep 1980. Can you give me a quote for a lease extension if I give you more information please?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Danescourt, and would like some figures on that.
  • Offer accepted on a a one bedroom apartment in Danescourt, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.Contracts were due to be exchanged in a couple of days. My question is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • I intend to buy a one bed flat in Danescourt for asking price of 145k, which has seventy years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder 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 own the freehold of a three bedroom flat in Danescourt. The leaseholders have fivety four years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • I am currently negotiating a lease extension for my flat in Danescourt 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?

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