Long Buckby Lease Extensions Example Support Desk Enquiries

  • I want to purchase a leasehold property and extend the lease. The owner has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • Do you only advise on lease extensions in Long Buckby? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a property lawyers.
  • I am going to purchase a flat located in Long Buckby. The offer is conditional upon a lease extension. The current owner’s lawyers has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Leeds Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • We are in a building comprising five flats in Long Buckby and have been offered to buy the freehold for 8k 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 have my suspicions that my niece might have had the wool pulled over her eyes. She submitted an offer on a one bedroom apartment in Long Buckby, where the lease is nearon 56 years but she was told by the selling agents that the seller had extended it to 99 years. She has now been advised the current owner was holding off for her to appoint conveyancers ahead of instigating the lease extension. Sounds underhand, also it may take time to sort it all out. Am I reading too much into it?
  • My mortgage lender requires a £450 fee for their lawyers for a "deed of substituted security" for the lease extension for my flat in Long Buckby... I can find no reference of this in my mortgage guide... is this a standard 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?
  • My OH and I are acquiring a maisonette in Long Buckby which has share of freehold and a leasehold. The lease was on the short side so the owner commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our lawyers 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 property lawyers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to be patient until the lease extension has actually been registered before completing.?
  • Me and my husband are hoping to buy a home (a studio flat inLong Buckby with share of freehold). Throughout our search, we were always looking at properties that had at least ninety years outstanding. We came across a flat we liked and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our lawyers informed us the lease only has fivety eight years and thus needs a lease extension. Should we walk 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?
  • I have 65 years remaining on my lease of a ground floor flat in Long Buckby, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
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    Lease Extensions in Long Buckby

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