Dunchurch Lease Extensions: Q and A’s

  • Me and my OH have just acquired a 2 bed flat based inDunchurch and I'm considering a lease extension as soon as practicable e.g. after 24 months of ownership
  • I want to purchase a leasehold property and extend the lease. The current owner has been there over 2 years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 71 years remaining.
  • The intention is to sell our one bedroom apartment in Dunchurch but we may require a lease extension, or possibly cover the costs of our purchaser. Are you able to recommend a to handle this?
  • I'm thinking of purchasing a maisonette (leasehold) but the landlord has been missing for around 15yrs. My query is would it be less expensive to try to buy the freehold or to extend lease and apply for RTM?
  • I am about to view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy nine years unexpired on the lease. It is also a repo so I'm assuming that the bank will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
  • I am in need of a lease extension for my flat in Dunchurch and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I own a purpose-built flat in a large block in Dunchurch. The leasehold interest in the apartment on a ninety five year lease which commenced from 1 August 1972 with a non-reviewable yearly rent of 45. I would like to obtain a lease extension. Can I call someone to go through my options please?
  • I'm intent on buying an apartment in Dunchurch valued at £195,000 the flat has just under 76 years left on the lease. My offer was subject to a lease extension... .. that was back in September, expecting I'd have completed before now. They have just come back saying they'll reduce the price by£7k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • Me and my wife are in the throws of buying a property (a one bedroom apartment located inDunchurch with share of freehold). During our search, we were always looking at flats that had a minimum 83 years residual lease term. We found a place we fell in love with and the estate agent promised us that the lease was long albeit not specifying a number. This morning our informed us the lease only has 62 years and thus requires a lease extension. Should we run away, or do we negotiate our offer?

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