FAQs concerning Higher Kinnerton Lease Extensions

  • The terms for the lease on my flat in Higher Kinnerton are 101 years from 15 Dec 1989. Can you supply me me a quote to extend the lease if I give you more specifics please?
  • I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a one bed flat in Higher Kinnerton, where the lease is around seventy eight years but she was informed by the selling agents that the owner had extended it to 99 years. Only now has she been informed the flat owner was holding off for her to instruct conveyancers ahead of instigating the lease extension. Sounds underhand, also it may take time to sort it all out. What do you think?
  • My mortgage lender is requesting a £450 fee for their conveyancers for a "deed of substituted security" for the lease extension for my flat in Higher Kinnerton... I am unable to find any mention of this in my mortgage booklet... is this a normal cost that they charge?
  • My brother and I are considering purchasing a ground floor flat in Higher Kinnerton which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from extending the lease?
  • My nephew has a share of freehold, with two other leaseholders in a building in Higher Kinnerton. House split into three apartments. He has a lease, which has around 60 yrs left. How much would it cost for a lease extension and how many years would he need to extend by?
  • I'm living with my mother and father but have a garden flat in Higher Kinnerton let out which has a seventy two 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 Higher Kinnerton 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 2 years that I have been in my one bedroom apartment in Higher Kinnerton. I have sixety nine years remaining on the lease. I am now looking either to purchase a share of freehold or a lease extension. 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 lawyers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Higher Kinnerton based conveyancers or any will do fine?
  • Me and my OH have been in discussion with our freeholder after having a valuation on our garden flat in Higher Kinnerton. We have a 74 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • We currently own a ground floor flat in Higher Kinnerton 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 78 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Higher Kinnerton 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?
  • Other Topics

    Lease Extensions in Higher Kinnerton

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