Common questions relating to Marchington Lease Extensions

  • Me and my husband have just acquired a garden flat based inMarchington and I'm deliberating extending the lease as soon as practicable e.g. after two years
  • I have contacted my freeholder for a lease extension for my flat in Marchington. Her solicitors has been in contact regarding fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started August 1990.
  • I plan on buying a flat in Marchington. My offer is conditional upon a lease extension. The seller’s conveyancers 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 Barclays . Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Marchington, and would like some figures on that.
  • I need to talk to you about a flat in Marchington, I am considering bidding at auction in the next few days. The flat only has a few years left and I am curious about what it would cost to get a lease extension and for your services.
  • I am hoping to extend the lease on my ground floor flat in Marchington I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • 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'm looking at buying an apartment in Marchington valued at £256,000 the flat has approximately 69 years unexpired on the lease. I put in an offer subject to the lease being renewed... .. that was back in November, expecting I'd have moved in before Christmas. The seller has just informed the agent they'll knock £4k off if I deal with the lease extension myself. I'm not sure whether that's a good idea
  • We know that others in the same building had already had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on previous premiums paid . This would save on double valuation fees. Would you suggest such a course of action?
  • I require an estimate to extend my mother’s lease on a three bed flat in Marchington. She recently got a figure from the freeholder for a lease extension but I am unclear whether it is reasonable.
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    Lease Extensions in Marchington

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