Long Itchington Lease Extensions Example Support Desk Enquiries

  • We are looking for lease extension for our flat located in Long Itchington and we are confused by the letter that we received from our landlord company. Are you willing to assist us with this situation?
  • My wife has a flat located in Long Itchington which we are about to put on the market. The leasehold has slightly less than fivety eight years outstanding on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • 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 would like to have my residential flat leasehold extension premium assessed. The flat is in Long Itchington, and my lease will reach seventy nine years this August. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I am going to purchase a flat in Long Itchington. My offer is subject to the lease extension. The seller’s has served the Section 42 Notice. 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 Virgin Money. Moreover, which are the following lease extension steps to complete the purchase?
  • I would like to know how much it would cost and the optimum way to get a lease extension started? I have nearon 63 years left and I own a maisonette in Long Itchington.
  • My husband and I have a ground floor flat in Long Itchington with seventy one years to run. Last year we were quoted a deal to have a lease extension for another fifty years but also uplift the ground rent from nominal to £300 per year..plus a premium I think of approximately 14k. We have now decided to move forward but do we now have to renegotiate?
  • I am the freeholder of a Victorian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy years. What are my next steps?
  • I'm looking at buying an apartment in Long Itchington at a price of £195,000 the flat has approaching 66 years left on the lease. I put in an offer conditional upon a lease extension... .. that was back in September, hoping I'd have moved in before now. The seller has just come back saying they are willing to knock £5k off if I deal with the lease extension myself. I'm not sure whether that's a good idea
  • I am currently negotiating a lease extension for my flat in Long Itchington 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?

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