Frequently asked questions relating to Henley In Arden Lease Extensions

  • So this is the scenario: I purchased a one bedroom apartment in Henley In Arden that I am now unable to sell due to the lease requiring a lease extension. Are you able to help me with this situation ?
  • I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Henley In Arden - I wanted to see if with your services this could be extended?
  • I own a share of the freehold. There are four flats in the building. All the leaseholders are now seeking lease extensions. What's your solicitors fee?
  • My property 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?
  • We have owned a leasehold flat for about fifteen years. It now has seventy eight years outstanding on the lease. After a year of protracted negotiations through my solicitors and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome some independent thoughts.
  • I'm living at parents but have a 2 bed flat in Henley In Arden let out which has a 73 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 Henley In Arden 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. Not sure sure whether to hold on or sell the flat?
  • Just been over two years that I have owned my one bedroom apartment in Henley In Arden. I have sixety nine yrs outstanding on the lease. I am now looking either to purchase a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to acquire in Henley In Arden. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the garden area.
  • Do you handle lease extensions on land? (a plot of land in Henley In Arden with 82yrs remaining)
  • I have a lease of sixety one years remaining on my flat in Henley In Arden. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Henley In Arden

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Henley In Arden