Recently asked questions relating to Lound Lease Extensions

  • I am looking for a lease extension on the lease on my garden flat in Lound which will have 57 years remaining in January. What fees are applicable?
  • The intention is to sell our one bedroom apartment in Lound but we may need to extend the lease, or possibly cover the costs of our buyers. Can you help me find someone to assist?
  • I am considering whether to purchase the freehold or a lease extension of my property in Lound and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Bank of Scotland to free up equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease began in 1991 and since then the ground rent has been raised from £15.00 per year to £125 per year.
  • My partner and I have a residential flat in Lound with 75 years unexpired. Ten months ago we were quoted a deal to receive a lease extension for another thirty years but also increase ground rent from notional to a little more..plus a premium I think of about 14k. We have now decided to proceed but do we now have to start the negotiations again?
  • My brother and I have owned a leasehold flat for around eighteen years. There are seventy four years left on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate some independent thoughts.
  • We would like to know the cost of a lease extension valuation for a property based in Lound. Is this something you can assist us with?
  • I'm living at mum and dad but have a three bed flat in Lound let out which has a 68 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Lound for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
  • I'm seeking some help with regard to extending the lease on my flat. The intention is to do this sometime next year as we must move 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. You are able to recommend a good with expertise in lease extensions. Preferably nearby in Lound?
  • My and my fiance are concerned about getting a lease extension from tricky freeholder. Notwithstanding that the correct procedures were adhered to under the appropriate legislation, the landlord still tried to get ground rent of £300 doubling every twenty years of the new lease. Can you help?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom ground floor purpose built maisonette in Lound
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Lound