Histon Lease Extensions

Recently asked questions relating to Histon Lease Extensions

I have a lease of 71 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

The intention is to sell our garden flat in Histon but we may require a lease extension, or possibly cover the expense of our purchaser. Can you help me find someone to assist?

I am looking into the costs of carrying out a lease extension for my one bedroom second floor purpose built maisonette in Histon, and would like some figures on that.

I am a FTB of a leasehold flat in Histon. The lease has just 59 years remaining and ground rent is £75. Is it possible for the current owner to serve the Initial Notice and then transfer this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the two year qualifying 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 consuming to the flat owner? Unfortunately the landlord can not be found, so I am not sure how this will play out.

I am a freeholder of a block of flats in Histon, and the lessees are in the process of being issued lease extensions. I anticipate receiving the money next month. As I am not on self assessment do I get in touch with the tax authorities ?

Offer accepted on a a ground floor flat in Histon, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 85 years.We are soon to exchange contracts within a week. My query is Is it not odd that my didn't pick this up far earlier than just before exchange?

I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?

I am looking to buy a one bed flat in Histon for asking price of 156k, which has seventy eight years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

I'm seeking some assistance concerning a lease extension on my maisonette. I'll be looking to do this sometime next year 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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