Common questions relating to Lake District Lease Extensions

  • 20,000 agreed with the freeholder, just attempting to find a Lake District solicitors for a lease extension. Our lease has circa 54 yearsremaining. What's your solicitors fee ?
  • I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has 75 years left
  • Hello. I need a conveyancing practitioners to have a look at my lease extension ahead of it being completed just to make sure there's nothing that I haven't seen - it's just a reissue with a few minor amendments.
  • I plan on buying a flat located in Lake District. The offer is subject to the lease extension. The owner’s lawyers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barnsley Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • We are selling our studio flat in Lake District but we may need to extend the lease, or possibly cover the costs of our purchaser. Are you able to help me find a property lawyers to handle this?
  • I am a FTB of a leasehold flat in Lake District. The lease has just 68 years remaining and ground rent is £75. Is it possible for the current owner to serve the Section 42 Notice and then assign this right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 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 costly to the seller? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.
  • I have my suspicions that my niece might be having the wool pulled over her eyes. She put in an offer on a maisonette in Lake District, where the lease is around 69 years but she was informed by the estate agents that the seller had extended it to 99 years. Only now has she been told the seller was holding off for her to instruct conveyancers ahead of instigating the lease extension. Seems unscrupulous, also it may take a while to sort it all out. What do you think?
  • Ref a leasehold in Lake District. lower maisonette. 65 yrs left. I have an agreed lease extension to £14k for 135yrs. Freeholder also requested Notice of Claim which I think should not be required. Can you assist.
  • Me and my partner are in the throws of buying a home (a maisonette located inLake District with share of freehold). During our search, we were always looking at apartments that had at least eighty five years outstanding. We found a place we liked and the estate agent assured that the lease was long albeit not specifying a number. This morning our conveyancers advised us the lease only has 57 years and therefore needs a lease extension. Should 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?
  • My wife and I are aware that others in the same block previously had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on previous prices . This would save on double valuation charges. Would you suggest this course of action?
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    Lease Extensions in Lake District

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