Recently asked questions relating to Leagrave and Chalton Lease Extensions

  • So this is the scenario: I own a studio flat in Leagrave and Chalton that I am now unable to sell due to the lease requiring a lease extension. Can you please help me with this situation ?
  • I inherited a flat in Leagrave and Chalton with a leasehold unexpired nearly 67 years and need to extend it. Please can you advise me of the next stages
  • I am looking for a lawyers in Leagrave and Chalton and they should be on the Godiva Mortgages Ltd approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend a conveyancers ?
  • Last year I purchased a leasehold flat in Leagrave and Chalton. I have built a large extension and have not informed the leaseholder. What are my options?
  • I am a first time buyer of a leasehold flat in Leagrave and Chalton. The lease has just sixety six years balance left and ground rent is £50. Is it possible for the seller to serve the Section 42 Notice and then assign this right to me as the buyer on the day of completion so that I can avoid waiting 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 legal but will it be very time costly to the current owner? To add to the complexity it’s the case of an absent freeholder, so I am not sure how does it work.
  • I would like to know how much it would financials and the optimum way to get a lease extension started? I have approximately 79 years left and I own a garden flat in Leagrave and Chalton.
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
  • I'm intent on acquiring an apartment in Leagrave and Chalton at a price of £195,000 the flat has something like seventy nine years remaining on the lease. I put in an offer conditional upon a lease extension... .. that was back in November, expecting I'd have completed by Christmas. The seller has just come back saying they are willing to knock £3k off if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
  • We are are hoping to complete on a maisonette in Leagrave and Chalton which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The seller has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our lawyers to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we must wait until the lease extension has actually been registered before completing.?
  • I am currently negotiating a lease extension for my flat in Leagrave and Chalton 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?
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    Lease Extensions in Leagrave and Chalton

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