Top Ten Questions relating to Lyndhurst Lease Extensions

  • I bought a one bedroom apartment in Lyndhurst that I am now unable to sell due to the lease needing a lease extension. What's your solicitors fee ?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has seventy two years left.
  • We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 798 years residual lease term so a lease extension is not a worry. 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 correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any help would be much appreciated.
  • I am a FTB of a leasehold flat in Lyndhurst. The lease has just 76 years residual lease term and ground rent is £75. Is it possible for the owner to serve the Notice of Claim and then assign over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the homeowner? To add to the complexity it’s the case of an missing landlord, so I am not sure how this will play out.
  • Offer accepted on a a studio flat in Lyndhurst, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.We are about to exchange contracts in a couple of days. My query is how is possible that the estate agent got it so wrong?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
  • I own a purpose-built flat based in a small block in Lyndhurst. The leasehold interest in the flat on a 101 year lease started from 11th January 1969 with a fixed ground rent of £10 per annum. I would like to obtain a lease extension. Is it possible for me to call someone to go through my options please?
  • Hi I am the freeholder interest in a 3 bedroom flat in Lyndhurst. The leaseholder has a sixety nine year lease and would like to purchase an additional 125 years. She is offering me £27,000 but I am unsure if this is in the right ballpark
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Lyndhurst for a three bed flat - sec 42 is already served?
  • I am currently negotiating a lease extension for my flat in Lyndhurst 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?
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    Lease Extensions in Lyndhurst

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