Top Ten Questions relating to Hedge End and Botley Lease Extensions

  • I have just bought a studio flat located inHedge End and Botley and I'm deliberating extending the lease as soon as I can e.g. after two years
  • I own a flat in Hedge End and Botley with a leasehold unexpired nearly fivety eight years and need to extend it. Please can you clarify the next stages
  • I am looking at investing in a holiday home but it has a lease that expires in 14 years. Its in Hedge End and Botley - I wanted to see if with your services it is possible for this to be extended?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has fivety nine years outstanding.
  • I plan on buying a flat located in Hedge End and Botley. The offer is subject to the lease extension. The vendor’s solicitors has served 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 TSB. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking at bidding for an auction property and identified a two bed flat in Hedge End and Botley. It has just 41 year lease..the vendor being mortgagees in possession dont want to mess around with seeking a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and reduced chance of obtaining a mortgage with Birmingham Midshires?
  • We have a leasehold flat in Hedge End and Botley with 59 years remaining. Ten months ago we were quoted a deal to receive a lease extension for a further thirty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 14k. Finally we have decided to go ahead but do we now have to renegotiate?
  • My lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • Me and my wife are purchasing a studio flat in Hedge End and Botley which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of extending the lease. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our lawyers to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to wait until the lease extension has actually been registered before completing.?
  • We currently own a one bedroom ground floor purpose built maisonette in Hedge End and Botley and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • Other Topics

    Lease Extensions in Hedge End and Botley

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Hedge End and Botley