Questions and Answers: Maltby Lease Extensions

  • I am interested in getting a lease extension for a flat in Maltby and want to use a local conveyancing practitioners. Is there a solicitors that you can recommend?
  • I am looking for a solicitors in Maltby and they should be on the Platform Home Loans Ltd approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend any please ?
  • I invested in buying a one bed flat in Maltby with a leasehold unexpired of 79 years. I am wondering about how much I will need to spend to extend my leasehold
  • I am looking to purchase a garden flat in Maltby with a lease of 57 years but unsure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am going to purchase a flat located in Maltby. The offer is conditional upon a lease extension. The current owner’s lawyers has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Yorkshire Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am thinking about buying an auction property and came upon a studio flat in Maltby. It only has a 48 year lease..the current owner as mortgagees in possession will not want the aggravation of applying for a lease extension..what are the disadvantages of this other than the costly fee to put a new lease on it and reduced chance of getting a mortgage with Santander?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
  • I am the owner of a purpose-built flat in a small block in Maltby. The leasehold interest in the flat on a 101 year lease started from 11th November 1980 with a fixed yearly rent of 20. I wish to obtain a lease extension. Can I talk with someone to go through my options please?
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • My brother and I are purchasing a one bedroom apartment in Maltby which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our conveyancing practitioners to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to be patient pending registration of the new lease?
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    Lease Extensions in Maltby

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