Lound Lease Extensions: Q and A’s

  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 928 years balance left so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any information would be much appreciated.
  • Last year I purchased a leasehold flat in Lound. I have built a large extension and have not informed my freeholder. What are my options?
  • Me and my wife are considering buying a garden flat in Lound which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • My husband and I have been in discussion with our freeholder after having a valuation on our garden flat in Lound. We have a seventy one year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • We are concerned about obtaining a lease extension from tricky freeholder. Notwithstanding that the legal procedures were followed under the appropriate legislation, the landlord still tried to get ground rent of £250 doubling every twenty five years of the new lease. Can you assist?
  • I require an estimate to extend my mother’s lease on a one bedroom apartment in Lound. She recently got a price from the freeholder for a lease extension but I am far from certain if it is reasonable.
  • I have sixety three years remaining on my lease of a ground floor flat in Lound, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Lound
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bed flat in Lound
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Lound