Recently asked questions relating to Kibworth Beauchamp Lease Extensions

  • I think our has advised us incorrectly concerning a lease extension and I want to know how to complain
  • 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 798 years residual lease term so a lease extension is not an issue. 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 twenty years without the house being ours. Any suggestions would be much appreciated.
  • I am the registered owner of a 2 bed flat in Kibworth Beauchamp with a leasehold unexpired of sixety four years. I am curious about how much I will need to spend to extend my lease term
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Kibworth Beauchamp, and my lease will reach 77 years this November. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • We are selling our garden flat in Kibworth Beauchamp but we may need to extend the lease, or at least cover the costs of our purchaser. Are you able to suggest a to assist?
  • I'm considering purchasing a three bedroom first floor purpose built maisonette (leasehold) but the landlord has been missing for around 15yrs. My query is would it be cheaper to try to buy the reversionary title or to get a lease extension and apply for right to manage?
  • 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 downloading a copy of the title I've learnt that it only has seventy years left on the lease. It is also a repo so I'm guessing that the lender will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
  • My partner and I are considering buying a maisonette in Kibworth Beauchamp which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • My fiance and I are acquiring a one bedroom apartment in Kibworth Beauchamp which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of extending the lease. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we must wait until the lease extension has actually been registered before completing.?
  • We are hoping to purchase a flat (a garden flat based inKibworth Beauchamp with share of freehold). During our search, we were always looking at flats that had at least 83 years residual lease term. We identified a flat we liked and the estate agent promised us that the lease term was not an issue. This morning our told us the lease only has 65 years and thus requires a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

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