Lease Extensions in Hermon

Sample questions relating to Hermon Lease Extensions

I bought a property in Hermon and it has approximately seventy six years unexpired. I'd like to extend the lease period

My co-lessees and I are in a block made up four flats in Hermon and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

Think I may have made a mistake, I am seeking a in Hermon who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?

We own a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Hermon and looking to do a vesting order. Is this something you can handle for us?

I am looking to either purchase the freehold or a lease extension of my property in Hermon and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously refinance with Leeds Building Society to free up equity. The adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease started in 1979 and since then the ground rent has been raised from £38.00 per year to £100 per annum.

I am a first time buyer of a leasehold flat in Hermon. The lease has only 79 years unexpired and ground rent is £75. Is it possible for the current owner to serve the Section 42 Notice and then transfer this right to me as the buyer on the day of completion so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the current owner? To add to the complexity it’s the case of an missing freeholder, so I am not sure how does it work.

I am concerned that my daughter is being hoodwinked. She put in an offer on a one bedroom apartment in Hermon, where the lease is slightly more 69 years but she was informed by the selling agents that the owner had extended it to 125 years. She has now been informed the owner was holding off for her to retain lawyers ahead of instigating the lease extension. Seems underhand, also it may take months to sort it all out. Am I being too sceptical?

My wife and I are proceeding with a purchase of a studio flat in Hermon. I was advised by the EA that the lease extension had already been completed while on a viewing (70 years remaining prior to extension). The description on the listing stated "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The homeowner apparently has a quote but no finances to extend as a result the vendor wants to exchange and use the 10% deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?

My dad has a share of freehold, with two other leaseholders in a building in Hermon. House converted into three flats. He has a lease, which has nearly 54 yrs outstanding. How much would it cost for a lease extension and how many years would he need to extend by?

I'm looking for some advice with regard to a lease extension on my apartment. I'll be looking to do this next June as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. You are able to recommend a good who specialises in lease extensions. Ideally based in Hermon?

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