Sample questions relating to Fillongley Lease Extensions

  • So this is the scenario: I own a studio flat in Fillongley that I am finding difficult to sell due to the lease needing a lease extension. What's your solicitors fee ?
  • My name´s Eli. I’m house hunting in Fillongley I'm seeing a three bed flat online, with nearon sixety four years unexpired lease, how much does it cost on average to extend in this location by, say, fifty years?
  • I need to negotiate a lease extension for a flat in Fillongley and want to use a local . Is there a that you can recommend?
  • I want to acquire a leasehold property and lease extension. The current owner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am a FTB of a leasehold flat in Fillongley. The lease has just 78 years balance left and ground rent is £50. Is it possible for the homeowner to serve the Section 42 Notice and then assign over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the flat owner? To add to the complexity it’s the case of an absent landlord, so I am not sure how this will play out.
  • My husband and I had entered into a purchase of a studio flat in Fillongley. I was told that the lease had been extended (seventy five years remaining prior to extension). The sales particulars stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that there has been no lease extension. The homeowner apparently has a quote but no money to extend and consequently the owner intends to exchange and use the 10% deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that Lloyds TSB Bank won't lend on a lease?
  • We have owned a leasehold flat for around fifteen years. There are seventy six years remaining on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would welcome some independent thoughts.
  • Me and my OH are in the throws of buying a property (a one bedroom apartment inFillongley with share of freehold). Throughout our search, we were always looking at flats that had at least ninety years remaining. We found a flat we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our informed us the lease only has seventy years and thus needs a lease extension. Do we run away, or should 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 am planning on refinancing my garden flat in Fillongley and the bank that I am looking to switch to needs at least 85 years on the leasehold of my property in order for them to progress matters. We currently have around 55 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 Fillongley 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?

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