Henbury Lease Extensions Example Support Desk Enquiries

  • I plan on buying a flat located in Henbury. My offer is subject to the lease extension. The vendor’s has served the Section 42 Notice. 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 Nottingham Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking into the costs of carrying out a lease extension for my maisonette in Henbury, and would like some figures on that.
  • We own a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Henbury and looking to do a vesting order. Is this something you can help us with?
  • I have my suspicions that my niece is being hoodwinked. She submitted an offer on a ground floor flat in Henbury, where the lease is circa 58 years but she was told by the selling agents that the homeowner had extended it to 125 years. Only now has she been told the homeowner was waiting for her to instruct solicitors before commencing with the lease extension. Sounds unscrupulous, also it will take time to sort it all out. Am I reading too much into it?
  • I am looking to extend the lease on my maisonette in Henbury I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • We would like to know the cost of a lease extension valuation for a property based in Henbury. Would you be able to help?
  • I'm intent on acquiring a flat in Henbury valued at £195,000 the flat has just under sixety eight years left on the lease. I put in an offer subject to the lease being extended... .. that was back in November, hoping I'd be in by Christmas. The owner has just come back saying they are willing to reduce the price by£8k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • I own the freehold to two flats. Someone has the lease on the ground flat in Henbury. I live in the upper flat. I was looking at the title deeds last night when I noticed that my flat is leasehold. There is 68 years unexpired. Is it possible to carry out a lease extension without retaining a ?
  • I own the freehold reversion of a property in Henbury and a leaseholder would like a lease extension. Her so called valuation expert has given a figure of £9,000, but has increased this by £2,000 without too much effort. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
  • I am currently negotiating a lease extension for my flat in Henbury 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 Henbury