Markyate Lease Extensions

Common questions relating to Markyate Lease Extensions

I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has seventy years left.

We hope to sell our one bedroom apartment in Markyate but we may require a lease extension, or possibly cover the costs of our purchaser. Can you help me find someone to handle this?

I'm deliberating over buying a three bedroom ground floor purpose built maisonette (leasehold) but the landlord has been absent for nearly 15yrs. I wonder whether it will be cheaper to try to acquire the reversionary title or to extend lease and apply for RTM?

I am the registered owner of a ground floor flat in Markyate. I am looking for a lease extension on the property. It is around eighty years. I would just like to know what your charges are and how long it would take for completion.

I am a FTB of a leasehold flat in Markyate. The lease has only seventy three years balance left and ground rent is £75. Is it possible for the flat owner to serve the Initial Notice and then assign this right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the homeowner? Unfortunately it’s the case of an missing landlord, so I am not sure how this will play out.

I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in Markyate. I would be grateful if you can give me a call when you get a chance to discuss the case.

We are acquiring a garden flat in Markyate which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced extending the lease. The seller’s lawyer has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we have to hold on pending registration of the new lease?

My wife and I are aware that others in the same block previously had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on previous prices . This would save on double valuation fees. Is this advisable?

Do you handle lease extensions on land? (a plot of land in Markyate with 82yrs remaining)

We have a garden flat in Markyate with a lease of 66 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

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