FAQs concerning Halkyn Lease Extensions

  • 20,000 agreed with the landlord’s agents, just attempting to find a Halkyn for a lease extension. Our lease has around seventy four yearsremaining. How long will this take ?
  • I acquired a studio flat in Halkyn that I now cannot sell as a result of the lease requiring a lease extension. What's your solicitors fee ?
  • I am going to purchase a flat based in Halkyn. My offer is conditional upon a lease extension. The homeowner’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 Bank of Ireland. Moreover, which are the following lease extension steps to complete the purchase?
  • Is it possible to talk with you about a flat in Halkyn, I am thinking of bidding at auction next month. The flat only has a few years unexpired lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • My mortgage lender is requesting a £500 fee for their to approve the lease extension deed for my flat in Halkyn... I am unable to find any reference of this in my mortgage booklet... is this a usual charge?
  • Regarding a property in Halkyn. GFF maisonette. sixety four yrs left. I have an agreed lease extension to £14k for 135yrs. Landlord also requested Initial Notice which I think is a tad over the top. Advice required.
  • I'm living with my mum and dad but have a ground floor flat in Halkyn let out which has a 55 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Halkyn for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
  • I am currently negotiating a lease extension for my flat in Halkyn 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?
  • Do you handle lease extensions on land? (a plot of land in Halkyn with 82yrs remaining)
  • I'm looking for some advice with regard to a lease extension on my ground floor flat in Halkyn. I'll be looking to do this sometime next year as we need to move at some point 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. Can you recommend a good who specialises in lease extensions?

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