Frequently asked questions relating to March Lease Extensions

  • I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the the process
  • We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 798 years left so a lease extension is not required. 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 owning the property. Any information would be much appreciated.
  • I am about to put an offer in on a maisonette in March with a lease of 56 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I'm looking for an apartment to buy in March and I'm not really familiar with the leasehold concept. I've identified a studio flat I like with a 82 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with the mortgage?
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost including vat and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my one bedroom apartment in March
  • I am planning on remortgaging my two bedroom second floor purpose built maisonette in March and the mortgage company that I am looking to move to requires at least 85 years remaining on the lease in order for them to take the mortgage forward. I have discovered that I currently have around 76 years on the leasehold so require some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in March
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bedroom ground floor purpose built flat in March
  • Do you handle lease extensions on land? (a plot of land in March with 82yrs remaining)
  • I'm looking for some advice with regard to a lease extension on my studio flat in March. 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • Other Topics

    Lease Extensions in March

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