Lease Extensions in Kingsdown

Sample questions relating to Kingsdown Lease Extensions

I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 62 years unexpired.

Think I may have made a mistake, I am searching for a in Kingsdown who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?

My brother and I are considering buying a ground floor flat in Kingsdown which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?

Me and my sister are proceeding with a purchase of a ground floor flat in Kingsdown. I was advised by the EA that the lease extension had already been completed while on a viewing (62 years unexpired lease prior to extension). The description on the listing said "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The homeowner apparently has a quote but no money to extend and consequently the vendor intends to exchange and use the deposit monies for the lease extension. My question is as the lease hasn't been extended is there not a danger that Yorkshire Building Society won't lend on a lease?

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 set the ball rolling, is this correct?

My father has a share of freehold, with two other leaseholders in a building in Kingsdown. House divided into three apartments. He has a lease, which has circa sixety two years left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

Me and my wife have owned a leasehold flat for around fifteen years. There are seventy eight years remaining on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.

We would like to know the cost of a lease extension valuation for a property based in Kingsdown. Would you be able to help?

I'm living at mother and father but have a maisonette in Kingsdown let out which has a 66 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 Kingsdown 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 21k. Not sure sure whether to hold on or sell the flat?

Coming up to 2 years that I have been in my maisonette in Kingsdown. I have fivety nine yrs left on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 450k. 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)?

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