FAQs concerning Edith Weston Lease Extensions

  • 40k agreed with the freeholder, just attempting to find a Edith Weston for a lease extension. Our lease has just over 71 yearsoutstanding. Are you willing to help us with this situation ?
  • I have just purchased a three bed flat located inEdith Weston and I'm thinking about extending the lease as soon as I can e.g. in a couple of years
  • I will soon view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has sixety seven years unexpired on the lease. It is also a repo so I'm assuming that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am a first time buyer of a leasehold flat in Edith Weston. The lease has just fivety eight years outstanding and ground rent is £95. 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 don't have to wait for the 2 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 consuming to the seller? Unfortunately it’s the case of an absent freeholder, so I am not sure how this will play out.
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • My partner and I are buying a studio flat in Edith Weston which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced extending the lease. The seller has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our to do a pre-completion 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 lease title number has not been issued. Is it right that we must wait until the new lease is registered?
  • Me and my sister are in the throws of buying a flat (a ground floor flat located inEdith Weston with share of freehold). Throughout our search, we were always looking at apartments that had at least eighty five years balance left. We came across a flat we fell in love with and the estate agent promised us that the lease was long albeit not specifying a number. This morning our told us the lease only has seventy one years and therefore needs a lease extension. Do we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I'm seeking some help concerning extending the lease on my flat. The plan is to do this next summer as we need to 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 tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Edith Weston
  • Do you handle lease extensions on land? (a plot of land in Edith Weston with 82yrs remaining)

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