Long Buckby Lease Extensions

Frequently asked questions relating to Long Buckby Lease Extensions

I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has sixety five years residual lease term.

I have a lease of fivety nine years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I am looking for a in Long Buckby and they should be on the Santander approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend a ?

I am the registered owner of a studio flat in Long Buckby with a leasehold unexpired of seventy eight years. I am enquiring about how much it will cost me to extend my lease term

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I am looking to either purchase the freehold or a lease extension of my property in Long Buckby and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Bank of Ireland to release of equity. My adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease started in 1972 and since then the ground rent has been raised from £25.00 per annum to £300 per year.

We have owned a leasehold flat for about eighteen years. It now has seventy two years left on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome advice.

I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Long Buckby. I would be grateful if you can give me a call when you get a chance to discuss the case.

Coming up to two years that I have owned my one bedroom apartment in Long Buckby. I have 76 yrs unexpired lease on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?

If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

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