Examples of recent questions relating to Lease Extensions in Henley In Arden

  • I want to acquire a leasehold property and extend the lease. The owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 928 years balance left so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any suggestions would be much appreciated.
  • I am looking to purchase a maisonette in Henley In Arden with a lease of seventy one years but unsure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I'm looking for an apartment to purchase in Henley In Arden and I'm not really familiar with the leasehold concept. I've found a garden flat I like with a 87 years lease. My research reveals that I can go for a lease extension after a couple of years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?
  • I am about to view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 58 years remaining on the lease. It is also a repo so I'm assuming that the bank will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • I am looking at acquiring an auction property and came upon a studio flat in Henley In Arden. It has just fifty year lease..the current owner being mortgagees in possession dont want to mess around with seeking a lease extension..what are the drawbacks of this other than the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Barclays ?
  • I intend to buy a one bed flat in Henley In Arden for asking price of 145k, which has 61 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I own the freehold to two flats. Someone has the lease on the ground flat in Henley In Arden. I reside in the upper flat. I was reviewing the title deeds recently when I noticed that my flat has a lease on it. There is fivety seven years left on the lease. If I want to do a lease extension then would I simply be paying for the property lawyers fees?
  • I own the freehold reversion of a property in Henley In Arden and a leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has upped this to £10,000 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 a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
  • My wife and I are worried about getting a lease extension from an objectionable freeholder. Notwithstanding that the correct procedures were adhered to under the appropriate legislation, the landlord still attempted to charge ground rent of £200 doubling every twenty five years of the new term. Can you help?
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    Lease Extensions in Henley In Arden

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