Kineton Lease Extensions

Common questions relating to Kineton Lease Extensions

Hi, I stumbled upon your site. I'm seeking prices on what it cost to extend a lease of a two bedroom second floor purpose built flat located in Kineton. It's up for sale at the moment but has roughly 71 years of unexpired leasehold

I want to purchase 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 £215k and we are very interested but we've just discovered that it is leasehold. There are 798 years unexpired so a lease extension is not a concern. 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 true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.

My apartment in Kineton is up for sale and I have a hopefully firm offer. There is eighty one years remaining on the lease and I want a lease extension. How much does it cost on average to get a lease extension by, say,ninety years

Me and my fiance are considering purchasing a ground floor flat in Kineton which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?

I am the freeholder of a Edwardian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 66 years. What are my next steps?

Just been over 2 years that I have owned my one bed flat in Kineton. I have sixety eight years left on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?

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 doing it?

My brother and I are buying a one bedroom apartment in Kineton which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced extending the lease. The owner has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our to do OS1 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 lease title number is not known. Is it right that we must wait until the lease extension has actually been registered before completing.?

We have a ground floor flat in Kineton with a lease of 75 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?

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