FAQs concerning Markfield Lease Extensions

  • I invested in buying a flat in Markfield with a leasehold unexpired nearon fivety four years and need to extend it. Please can you clarify the next stages
  • I have shares in the freehold of buildings comprising of six flats each. Two of the leasehold owners want a lease extension and I'm wondering about the the process
  • I have been in touch with my freeholder to extend my lease for my flat in Markfield. Her has been in contact with fees etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started February 1985.
  • I'm planning on buying a maisonette (leasehold) but the landlord has been missing for just over 15yrs. I wonder whether it will be cheaper to try to buy the reversionary title or to extend lease and apply for right to manage?
  • Is it possible to talk with you about a leasehold property in Markfield, I am thinking of bidding at auction in the next few days. The flat only has a few years unexpired lease and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • I am looking to either purchase the freehold or a lease extension of my property in Markfield and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Yorkshire Building Society to free up equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease began in 1979 and since then the ground rent has increased from £25.00 per annum to £200 per annum.
  • I am looking to buy a one bed flat in Markfield for asking price of 145k, which has sixety one years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I am looking for advice as I am interested in a property that has only a seventy four year lease and therefore requires a lease extension. Can I call someone to go through my options please?
  • I am the freeholder of a Georgian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 71 years. What are my next steps?
  • I have a lease of 62 years remaining on my flat in Markfield. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Markfield