Frequently asked questions relating to Leven Lease Extensions

  • So this is the scenario: I inherited a 2 bed apartment in Leven that I now cannot sell due to the lease requiring a lease extension. What's your legal fee ?
  • I need to extend my current lease can you assist? I think it has sixety eight years balance left
  • The terms for the lease on my flat in Leven are 99 years from 10 Jan 1990. Please supply me me a quote for a lease extension if I give you more information please?
  • I am looking to either purchase the freehold or a lease extension of my property in Leven and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with The Mortgage Works to free up equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease began in 1979 and since then the ground rent has been raised from £25.00 per year to £100 per year.
  • What will it cost me and what is the best way to start the lease extension process? I have circa fivety six years remaining on my lease on a garden flat in Leven. I have called the managing agents who represent the head landlord and they provided me with the number of the valuer. I have contacted the surveyor but I am not getting any calls back.
  • My mortgage provider is requesting a £500 fee for their to approve the lease extension deed for my flat in Leven... I can find no mention of this in my mortgage guide... is this a standard cost that they charge?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I commence the process, is this correct?
  • I'm living at mum and dad but have a maisonette in Leven let out which has a sixety eight year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Leven for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
  • Do you handle lease extensions on land? (a plot of land in Leven with 82yrs remaining)
  • We have a studio flat in Leven with a lease of 66 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?

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