Lapworth Lease Extensions

Sample questions relating to Lapworth Lease Extensions

I inherited a one bedroom apartment in Lapworth that I am finding difficult to sell as a result of the lease needing a lease extension. Are you able to help me with this situation ?

I am looking to extend the lease on my studio flat in Lapworth which will have 75 years unexpired lease in August. What fees are applicable?

I own a leasehold flat in the Lapworth area and was enquiring if I could get a lease extension. What are your processes and fees. There are 59 years unexpired

I would like to have my residential flat leasehold extension premium assessed. The flat is in Lapworth, and my lease will reach seventy five years this February. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?

We inherited a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Lapworth and are therefore deliberating the option of a vesting order. Is this something you can handle for us?

I am a first time buyer of a leasehold flat in Lapworth. The lease has just 60 years remaining and ground rent is £95. Is it possible for the owner to serve the Section 42 Notice and then transfer this right to me as the buyer once I complete the buying process so that I can avoid waiting for the two 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 current owner? Unfortunately it’s the case of an absent freeholder, so I am not sure how does it work.

We have a one bedroom flat in Lapworth. There is 81 years left on the lease and we want a lease extension. How much will it likely cost to extend in this area by, say,45 years

We are buying a ground floor flat in Lapworth which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our to do OS1 search on the lease. The concern 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 property title number is not known. Is it correct that we have to wait until the new lease is registered?

I am currently negotiating a lease extension for my flat in Lapworth 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?

We have a garden flat in Lapworth with a lease of fivety seven 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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