Duxford Lease Extensions

Questions and Answers: Duxford Lease Extensions

I inherited a flat in Duxford with a leasehold unexpired approximately sixety years and need a lease extension. Please can you advise me of the next stages

I am about to put an offer in on a maisonette in Duxford with a lease of seventy three years but unsure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.

I am going to purchase a flat based in Duxford. My offer is subject to the lease extension. The current owner’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 Chelsea Building Society. Moreover, which are the following lease extension steps to complete the purchase?

We purchased a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Duxford and looking to do a vesting order. Is this something you can do for us?

I will soon view a one bedroom maisonette, although not exactly my dream 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 fivety six years left on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?

Offer accepted on a a one bed flat in Duxford, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer come through which states the lease as 85 years.Contracts were due to be exchanged within a week. My query is Should I tell the current owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?

Even though I may not need a lease extension but I do require a vesting order on a property I want to purchase in Duxford. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the garden area.

Hi I am the freeholder title in a 2 bedroom flat in Duxford. The leaseholder has a 75 year lease and would like to purchase an additional 90 years. He is offering me £27,000 but I am not sure if this is too low an offer

I'm seeking some advice with regard to extending the lease on my maisonette. I'll be looking to do this sometime next year as we must move 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 LVT route. You are able to recommend a good who specialises in lease extensions. Ideally nearby in Duxford?

My and my fiance are worried about obtaining a lease extension from a difficult landlord. Notwithstanding that the legal procedures were adhered to under the appropriate legislation, the landlord still tried to get ground rent of £300 doubling every twenty five years of the new lease. Can you assist?

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