Questions and Answers: Lixwm Lease Extensions

  • I want to acquire a leasehold property and extend the lease. The seller 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 ?
  • Hi. I need a to review my lease extension ahead of it being formalised just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor amendments.
  • I own a maisonnette and the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • The terms for the lease on my flat in Lixwm are 99 years from 15 Dec 1989. Please give me a quote to extend the lease if I give you more information please?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around sixety nine years. I need a at my end. Can you advise please? I live near Lixwm and have a mortgage with Coventry Building Society.
  • Me and my husband would like to know the cost of a lease extension valuation for a property based in Lixwm. Would you be able to help?
  • We are purchasing a studio flat in Lixwm which has share of freehold and a leasehold. The lease was on the short side so the seller commenced extending the lease. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our to do a "priority search" on the property title. 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 is not known. Is it correct that we have to hold on pending registration of the new lease?
  • I am planning on refinancing my garden flat in Lixwm and the bank that I am looking to switch to needs a minimum 85 years remaining on the lease in order for them to progress matters. I have found that I currently have around 77 years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
  • I am currently negotiating a lease extension for my flat in Lixwm 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?
  • I'm looking for some advice with regard to a lease extension on my garden flat in Lixwm. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Lixwm