Common questions relating to Lydiate Lease Extensions

  • I am the registered owner of a maisonette in Lydiate that I am now unable to sell as a result of the lease needing a lease extension. Can you please help me with this situation ?
  • I have got a leasehold flat in the Lydiate area and was enquiring if I could get a lease extension. What are your processes and charges. There are seventy eight years left
  • I'm thinking of purchasing a garden flat (leasehold) but the freeholder has been missing for approximately 15yrs. I wonder whether it will be cheaper to try to acquire the freehold or to extend lease and apply for RTM?
  • My co-lessees and I are in a building consisting of three flats in Lydiate and have been offered to buy the freehold for 7k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • Re a residence in Lydiate. lower maisonette. seventy nine yrs remaining. I have an agreed lease extension to £14k for 135yrs. Landlord also insisted on Notice of Claim which I think should not be required. Advice required.
  • My flat in Lydiate is up for sale and I have a hopefully firm offer. There is eighty one years left on the lease and I want to extend the lease. How much does it cost on average to get a lease extension by, say,25 years
  • My father has a share of freehold, with two other leaseholders in a building in Lydiate. House converted into three apartments. He has a lease, which has slightly less than seventy six years outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
  • I own the freehold reversion of a property in Lydiate where the leaseholder would like a lease extension. Her valuer has suggested a figure of £8,000, but has increased this by £2,000 at the drop of a hat. My valuer has recommended a much higher amount. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
  • I am currently negotiating a lease extension for my flat in Lydiate as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I'm looking for some advice with regard to a lease extension on my one bedroom first floor purpose built flat in Lydiate. I'll be looking to do this sometime next year as we need to move at some point 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. Can you recommend a good who specialises in lease extensions?

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