Examples of recent questions relating to Lease Extensions in Goring

  • My wife has a flat based in Goring which we have just put on the market. The leasehold has roughly seventy four years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Goring, and my lease will reach 55 years this January. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • We invested in buying a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Goring and looking to do a vesting order. Is this something you can handle for us?
  • I am a landlord of a block of flats in Goring, and the lessees are in the process of being issued lease extensions. I should hopefully get funds next month. How does the tax work, the property is in joint names with my wife ?
  • Offer accepted on a a garden flat in Goring, 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 eighty years.Contracts were due to be exchanged within a week. My question is Should I tell the seller that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I commence the process, is this correct?
  • I own a purpose-built apartment based in a small development in Goring. The leasehold interest in the flat on a 99 year lease started from 2nd November 1970 with a set yearly rent of 20. I would like to obtain a lease extension. Is it possible for me to talk with someone to go through my options please?
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • My fiance and I are in the throws of buying a property (a garden flat based inGoring with share of freehold). During our search, we were always looking at properties that had a minimum eighty five years outstanding. We came across a apartment we fell in love with and the selling agent promised us that the lease term was not an issue. Today our conveyancers informed us the lease only has 67 years and thus needs a lease extension. Should we run away, or do we negotiate our offer?
  • I own the freehold reversion of a property in Goring and a leaseholder has requested a lease extension. Her valuer has suggested a figure of £9,000, but has upped this by £2,000 without too much effort. My valuer has recommended a much higher premium. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what costs would I be likely to face?
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    Lease Extensions in Goring

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