Lease Extensions in Falconwood

Questions and Answers: Falconwood Lease Extensions

I’m seeking a lease extension for our apartment located in Falconwood and we are confused by the communication that we received from our freehold company. What's your legal fee?

My name´s Andrew. I’m house hunting in Falconwood I'm considering offering on a three bed flat online, with around sixety seven years remaining, how much will it likely cost to get a lease extension by, say, 45 years?

I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leaseholders want a lease extension and I'm wondering about the procedure for this

I am about to put an offer in on a garden flat in Falconwood with a lease of sixety six 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 the owner of a maisonnette together with the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?

I am going to purchase a flat in Falconwood. The offer is conditional upon a lease extension. The current owner’s has given to the freeholder the Notice of Claim. 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 Barclays . Moreover, which are the following lease extension steps to complete the purchase?

I own a share of the freehold. There are five flats in the block. All the leaseholders are now requiring lease extensions. What's your solicitors fee?

Offer accepted on a a one bedroom apartment in Falconwood, 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 in a couple of days. My question is Is it not odd that my failed to pick this up far earlier than just before exchange?

Just been over two years that I have been in my garden flat in Falconwood. I have 72 years unexpired lease on the lease. I am now looking either to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?

I own the freehold of a couple of flats. Someone has the lease on the garden flat in Falconwood. I occupy in the upper flat. I was reviewing the land registry documents yesterday when I noticed that my flat is leasehold. There is sixety six years unexpired. If I want to do a lease extension then would I just be paying for the charges?

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