Examples of recent questions relating to Lease Extensions in Leconfield

  • My name´s Muhammad. I’m property hunting in Leconfield I'm seeing a studio flat online, with nearly 74 years unexpired lease, how much does it cost on average to extend in this location by, say, 45 years?
  • I am looking for a lease extension on the lease on my one bedroom apartment in Leconfield which will have fivety six years remaining in January. What fees are applicable?
  • I need to negotiate a lease extension for a flat in Leconfield and want to use a local . Are you able to help me find a ?
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 899 years balance left so a lease extension is not an issue. 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 correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.
  • My co-lessees and I are in a building consisting of three flats in Leconfield and have been offered to buy the freehold for 7k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Leconfield, and would like some figures on that.
  • I am a first time buyer of a leasehold flat in Leconfield. The lease has only fivety six years remaining and ground rent is £25. Is it possible for the homeowner to serve the Initial Notice and then transfer this right to me as the buyer 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 may be possible but will it be very time costly to the flat owner? Unfortunately the freeholder is absent, so I am not sure how does it work.
  • Me and my sister are buying a maisonette in Leconfield 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 which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing 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 lease title number has not been issued. Is it correct that we must hold on until the lease extension has actually been registered before completing.?
  • We are in the throws of buying a property (a one bedroom apartment located inLeconfield with share of freehold). Throughout our search, we were always looking at apartments that had at least 84 years balance left. We identified a place we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Today our advised us the lease only has 58 years and therefore requires a lease extension. Do we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Leconfield

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