FAQs concerning Lound Lease Extensions

  • My husband and I are thinking about a lease extension for our flat based in Lound and we are confused by the letter that we received from our freehold company. How long will it take?
  • So this is the scenario: I inherited a studio flat in Lound that I am now unable to sell due to the lease needing a lease extension. Are you able to help me with this situation ?
  • I acquired a property in Lound and it has about 58 years remaining. I'd like to extend the lease period
  • I need to extend my current lease can you assist? I think it has seventy years left
  • I'm thinking of buying a garden flat (leasehold) but the landlord has been absent for nearly 15yrs. My question is would it be cheaper to try to buy the freehold or to get a lease extension and apply for RTM?
  • I'm looking for an apartment to purchase in Lound and I'm not really familiar with the leasehold tenure. I've found a ground floor flat I like with a 82 years lease. I've read that I can go for a lease extension after a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • I am the owner of a purpose-built flat located in a small block in Lound. The leasehold interest in the apartment on a 99 year lease started on 21st October 1972 with a fixed ground rent of £25 per annum. I wish to obtain a lease extension. Can I call someone to go through my options please?
  • If somebody 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?
  • I'm hoping for some help concerning extending the lease on my maisonette. 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 LVT route. You are able to recommend a good with expertise in lease extensions. Ideally based in Lound?
  • My wife and I are aware that others in the same block previously had a lease extension, and the landlord seemed amenable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on previous prices . This would save on double valuation fees. Is this advisable?

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