FAQs concerning Dunchurch Lease Extensions

  • I own a leasehold flat in the Dunchurch area and was curious if I could obtain a lease extension. What are your processes and fees. Has 67 years left
  • I am going to purchase a flat based in Dunchurch. My offer is conditional upon a lease extension. The vendor’s has served the Section 42 Notice. 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 Birmingham Midshires. Moreover, which are the following lease extension steps to complete the purchase?
  • Is it possible to talk with you about a flat in Dunchurch, I am considering buying at auction next week. The flat has a short lease and I was wondering about how much it would cost to get a lease extension and for your services.
  • I am considering whether to purchase the freehold or a lease extension of my property in Dunchurch and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Clydesdale to release of equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease began in 1991 and since then the ground rent has increased from £15.00 per year to £100 per year.
  • I am a FTB of a leasehold flat in Dunchurch. The lease has only 60 years residual lease term and ground rent is £25. Is it possible for the current owner to serve the Section 42 Notice and then transfer over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the vendor? Unfortunately it’s the case of an absent landlord, so I am not sure how this will play out.
  • I am a freeholder of a block of flats in Dunchurch, and the leaseholders are in the process of being given lease extensions. I anticipate receiving the money within a month or so. How does the tax work, the property is co-owned with my partner ?
  • I own a share of the freehold. There are five apartments in the building. All the leaseholders are now seeking lease extensions. Are you able to help us with this situation?
  • Me and my fiance have owned a leasehold flat for approximately twenty years. It now has fivety four years left on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
  • Although I do not need a lease extension but I do require a vesting order on a property I want to purchase in Dunchurch. The house is freehold but the garden is officially leasehold, 995 year lease from 1854. Its the rear garden.
  • We are purchasing a three bed flat in Dunchurch which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we have to be patient until the lease extension has actually been registered before completing.?

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