Dunstable Lease Extensions

Top Ten Questions relating to Dunstable Lease Extensions

I acquired a maisonette in Dunstable that I now cannot sell due to the lease requiring a lease extension. Can you please help me with this situation ?

Think I may have made an error, I am actually looking for a in Dunstable who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can assist me with?

I am looking to either purchase the freehold or a lease extension of my property in Dunstable and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with Yorkshire Building Society to free up equity. My adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease started in 1991 and since then the ground rent has increased from £38.00 per annum to £300 per year.

Me and my partner are considering purchasing a maisonette in Dunstable which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from extending the lease?

My OH and I are purchasing a studio flat in Dunstable which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our to do a "priority search" on the property title. The problem 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 property title number is not known. Is it correct that we have to wait pending registration of the new lease?

I am the freeholder of a property in Dunstable where the leaseholder would like a lease extension. Her valuer has suggested a figure of £9,000, but has increased this by £2,000 without too much effort. My valuer has put forward a much higher premium. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to face?

I am planning on refinancing my garden flat in Dunstable and the next lender that I am looking to switch to requires at least 85 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around sixety two years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process

I am currently negotiating a lease extension for my flat in Dunstable 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?

We have a garden flat in Dunstable with a lease of sixety seven years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?

I have a lease of 64 years remaining on my flat in Dunstable. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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