Lapworth Lease Extensions: Q and A’s

  • I’m about to offer on a garden flat to purchase in the Lapworth area and was wondering what the likely fees would be for a lease extension? It has 65 years remaining...
  • I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leaseholders want to extend their leases and I'm enquiring about the the process
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has fivety four years balance left.
  • In 2012 I purchased a leasehold flat in Lapworth. I have built a large extension and have not informed the leaseholder. What should I do?
  • I am a FTB of a leasehold flat in Lapworth. The lease has only 79 years balance left and ground rent is £25. Is it possible for the seller to serve the Section 42 Notice and then assign this right to me as the purchaser on the day of completion so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the vendor? Unfortunately it’s the case of an missing landlord, so I am not sure how this will play out.
  • We are considering buying a one bedroom apartment in Lapworth which is a leasehold. I am enquiring as to 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 block me from having a lease extension?
  • Although I do not need a lease extension but I do need a vesting order on a property I want to acquire in Lapworth. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the rear garden.
  • It says on your website the likely fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my studio flat in Lapworth
  • I'm intent on acquiring a flat in Lapworth at a price of £210,000 the flat has something like sixety eight years unexpired on the lease. My offer was subject to a lease extension... .. that was back in September, expecting I'd be in by now. They have just informed me they'll reduce the price by£7k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • Me and my wife are in the throws of buying a flat (a one bedroom apartment inLapworth with share of freehold). Throughout our search, we were always looking at apartments that had a minimum ninety years remaining. We identified a apartment we fell in love with and the selling agent promised us that the lease term was not an issue. Today our informed us the lease only has sixety one years and therefore requires a lease extension. Do we walk away, or should we negotiate our offer?

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