Frequently asked questions relating to Longthorpe Lease Extensions

  • Hi, I stumbled across your site. I'm seeking prices on what it cost to extend a lease of a garden flat in Longthorpe. It's up for sale at the moment but has slightly more than 62 years of unexpired leasehold
  • Hello. I need someone to have a look at my lease extension prior to it being formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few small variations.
  • I am a freeholder of a block of flats in Longthorpe, and the tenants are in the process of being given lease extensions. I should hopefully get funds within a month or so. How does the tax work, the property is in joint names with my partner ?
  • I have a share of the freehold. There are four flats in the house. All the leaseholders are now looking for lease extensions. How long will take to get a lease extension?
  • We are looking to extend our lease. We will have been in the place for two years as of 22nd April 2015. It has circa 62 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as possible.
  • My husband and I would like to know the cost of a lease extension valuation for a property based in Longthorpe. Is this something you can help us with?
  • Just been over two years that I have been in my one bed flat in Longthorpe. I have 72 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 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Longthorpe based solicitors or any will do fine?
  • I have a freehold of a three bedroom flat in Longthorpe. The leaseholders have fivety eight years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • My husband and I are acquiring a ground floor flat in Longthorpe which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced extending the lease. The owner has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our conveyancing practitioners to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must wait until the new lease is registered?
  • My and my partner know that others in the same building previously had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of not having formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
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    Lease Extensions in Longthorpe

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