Sample questions relating to Lytchett Matravers Lease Extensions

  • My name´s William. I’m flat hunting in Lytchett Matravers I'm seeing a studio flat online, with nearly 70 years remaining, how much does it cost on average to get a lease extension by, say, 25 years?
  • We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 899 years remaining 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 25 years without the house being ours. Any advice would be much appreciated.
  • I have a lease of sixety seven years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I am looking for a in Lytchett Matravers and they need to be on the Birmingham Midshires approved conveyancers panel as we need a lease extension and remortgage simultaneously. Are you able to recommend any please ?
  • We are selling our garden flat in Lytchett Matravers but we may need to extend the lease, or at least cover the costs of our buyers. Are you able to recommend someone to assist?
  • I'm looking for an apartment to purchase in Lytchett Matravers and I'm not really familiar with the leasehold tenure. I've identified a garden flat I like with a 91 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with the mortgage?
  • I am a freeholder of a block of flats in Lytchett Matravers, and the tenants are in the process of being given lease extensions. I should hopefully get the money next week. How does the tax work, the property is co-owned with my wife ?
  • We are in the throws of buying a home (a three bedroom ground floor purpose built maisonette inLytchett Matravers with share of freehold). Throughout our search, we were always looking at properties that had at least 83 years left. We found a place we fell in love with and the selling agent promised us that the lease term was not an issue. Yesterday our informed us the lease only has 73 years and therefore requires a lease extension. Do we run away, or do we negotiate our offer?
  • I own the freehold reversion of a property in Lytchett Matravers and a leaseholder has requested a lease extension. Her valuer has given a figure of £9,000, but has upped this to £10,000 without too much effort. My valuer has come back with £12,520. 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 equipped with the valuations I have? If not, what charges would I be likely to incur?
  • My brother knows that others in the same building had already had a lease extension, and the landlord seemed amenable. It therefore appears worth taking risk of not having formal survey and base the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?

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