Hatch and Old Basing Lease Extensions: Q and A’s

  • We have just bought a garden flat inHatch and Old Basing and I'm deliberating extending the lease as soon as possible e.g. after two years
  • I’m about to offer on a one bedroom apartment to buy in the Hatch and Old Basing area and was after more information on how much would it cost to extend a lease? It has seventy four years left...
  • I need to extend my existing lease can you help me with that? I think it has seventy seven years balance left
  • The intention is to sell our garden flat in Hatch and Old Basing but we may need to extend the lease, or possibly cover the costs of our buyers. Can you help me find a solicitors to assist?
  • I'm deliberating over purchasing a ground floor flat (leasehold) but the freeholder has been absent for about 15yrs. My query is would it be less expensive to try to buy the freehold or to extend lease and apply for RTM?
  • I am a freeholder of a block of flats in Hatch and Old Basing, and the lessees are in the process of being granted lease extensions. I should hopefully get funds next month. As I am not on self assessment do I get in touch with HMRC ?
  • I am considering buying an auction property and found a studio flat in Hatch and Old Basing. It has just 48 year lease..the current owner as mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this except for the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Britannia?
  • I intend to buy a one bed flat in Hatch and Old Basing for asking price of 156k, which has sixety years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • We would like to know the cost of a lease extension valuation for a property based in Hatch and Old Basing. Would you be able to help?
  • We know that others in the same block previously had a lease extension, and the freeholder seemed reasonable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on previous prices . This would save on double valuation fees. Is this advisable?
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    Lease Extensions in Hatch and Old Basing

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