Recently asked questions relating to Lyddington Lease Extensions

  • I’m looking for lease extension for our ground floor flat in Lyddington and we don't fully comprehend the letter that we got from our landlord company. How long will it take?
  • My partner agreed with the head landlord for a lease extension on our flat in Lyddington, 18k for a further 90yrs. How long is the process ?
  • I bought a garden flat located in Lyddington with a leasehold unexpired of 64 years. I am wondering about what I will need to spend to extend my leasehold
  • How much will it cost me and what is the best way to start the lease extension process? I have around 75 years outstanding on my lease on a studio flat in Lyddington. I have emailed the agent who act on behalf of the landlord and they provided me with the number of the surveyor. I left a phone message for the valuer but I am not getting any kind of response.
  • I have my suspicions that my niece might be having the wool pulled over her eyes. She submitted an offer on a garden flat in Lyddington, where the lease is about sixety one years but she was informed by the estate agents that the homeowner had extended it to 99 years. Only now has she been told the seller was holding off for her to retain conveyancers prior to commencing with the lease extension. Seems underhand, also it may take time to sort it all out. Am I being too sceptical?
  • Me and my sister are considering buying a maisonette in Lyddington which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • I am the owner of a purpose-built flat based in a large block in Lyddington. The leasehold interest in the apartment on a 99 year lease which commenced from 21st October 1980 with a non-reviewable yearly rent of 35. I wish to obtain a lease extension. Can I talk with someone to discuss my options please?
  • I an interested in finding out more about leasehold property buying. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Lyddington area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • My brother has a share of freehold, with two other leaseholders in a building in Lyddington. House converted into three flats. He has a lease, which has around 62 yrs remaining. How much would it cost for a lease extension and how many years would he need to extend by?
  • Just been over 2 years that I have been in my garden flat in Lyddington. I have 76 yrs left on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
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    Lease Extensions in Lyddington

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