Top Ten Questions relating to Lechlade Lease Extensions

  • 35k agreed with the landlord’s agents, just attempting to find a Lechlade conveyancers for a lease extension. Our flat has around sixety three yearsremaining. How long will this take ?
  • I inherited a flat in Lechlade with a leasehold unexpired nearly 76 years and need a lease extension. Please can you advise me of the next steps
  • I am interested in getting a lease extension for a flat in Lechlade and want to use a local conveyancers. Are you able to help me find a solicitors?
  • I want to acquire a leasehold property and lease extension. The current owner has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 928 years residual lease term so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any feedback would be much appreciated.
  • I am a freeholder of a block of flats in Lechlade, and the leaseholders are in the process of being issued lease extensions. I should hopefully get funds next month. As I am not on self assessment do I get in touch with the tax authorities ?
  • We have a first floor flat in Lechlade with sixety five years left. Last year we were quoted a deal to have a lease extension for another 25 years but also uplift the ground rent from nominal to £250 per annum..plus a premium I think of approximately 14k. We have now decided to move forward but do we now have to renegotiate?
  • My husband and I are buying a three bed flat in Lechlade 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 property lawyers to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our lawyers 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 be patient pending registration of the new lease?
  • We currently own a studio flat in Lechlade and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 66 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Lechlade
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    Lease Extensions in Lechlade

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