Top Ten Questions relating to Lake District Lease Extensions

  • My wife and I are thinking about a lease extension for our flat located in Lake District and we are confused by the communication that we received from our landlord company. How long will it take?
  • I agreed with the freeholder for a lease extension on our flat based in Lake District, 15k for another 90yrs. What's your solicitors fee ?
  • I bought a ground floor flat in Lake District. I am looking for a lease extension on the property. It is nearly eighty one years. I would just like to know what your charges are and how long the process takes.
  • I'm looking for a flat to buy in Lake District and I'm not really familiar with the leasehold concept. I've found a maisonette I like with a 82 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
  • I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a ground floor flat in Lake District, where the lease is around 70 years but she was advised by the selling agents that the vendor had extended it to 125 years. She has now been informed the homeowner was holding off for her to appoint conveyancers prior to commencing with the lease extension. Sounds unscrupulous, also it could take a while to sort it all out. What do you think?
  • I do not need a lease extension but I do need a vesting order on a property I want to buy in Lake District. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.
  • I have a freehold of a three bedroom flat in Lake District. The leaseholders have sixety nine years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • I am the freeholder of a property in Lake District and a leaseholder would like a lease extension. Her so called valuation expert has given a figure of £9,000, but has upped this by £2,000 at the drop of a hat. My valuer has suggested a much higher figure. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • I'm looking for some assistance with regard to a lease extension on my maisonette. I'll be looking to do this next autumn as we have to 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. You are able to recommend a good who specialises in lease extensions. Preferably nearby in Lake District?
  • I am currently negotiating a lease extension for my flat in Lake District as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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