Questions and Answers: March Lease Extensions

  • I have an interest in the freehold of buildings comprising of seven flats each. Two of the leaseholders want a lease extension and I'm curious about the procedure for this
  • I am looking for a in March and they need to be on the Alliance & Leicester approved conveyancers panel as we need a lease extension and refinance simultaneously. Are you able to recommend any please ?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in March, and my lease will reach 75 years this November. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • My mortgage provider requires a £500 fee for their to agree a lease extension for my flat in March... I can find no reference of this in my mortgage guide... is this a standard cost that they charge?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I commence the process, is this correct?
  • My brother has a share of freehold, with two other leaseholders in a building in March. House divided into three apartments. He has a lease, which has about 75 yrs unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • If somebody 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 doing it?
  • I have a flat in March with seventy years unexpired on the lease. I am looking for a to help me obtain a lease extension. Can you assist?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in March
  • Do you handle lease extensions on land? (a plot of land in March with 82yrs remaining)

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