Martlesham Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Martlesham Lease Extensions
I inherited a property in Martlesham and it has just under 78 years outstanding. I'd like to extend the lease period
I am looking for a property lawyers in Martlesham and they need to be on the Alliance & Leicester approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend any please ?
I am a first time buyer of a leasehold flat in Martlesham. The lease has only seventy nine years balance left and ground rent is £75. Is it possible for the current owner to serve the Section 42 Notice and then transfer over the right to me as the buyer on the day of completion so that I can avoid waiting 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 the freeholder can not be found, so I am not sure how does it work.
Me and my sister are proceeding with buying a maisonette in Martlesham. I was informed that the lease had been extended (74 years unexpired lease prior to extension). The sales particulars said "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The homeowner apparently has a quote but no money to extend as a result the flat owner wishes to exchange and use the deposit monies for the lease extension. My question is why has this only just been brought to my attention by my conveyancing practitioners?
We have owned a leasehold flat for around fifteen years. It now has 71 years unexpired lease on the lease. Following a year of difficult negotiations through my lawyers and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.
I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Martlesham. I would be grateful if you can give me a call when you get a chance to discuss the case.
I know that others in the same block had already had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest this course of action?
I require an estimate to extend my mum’s lease on a garden flat in Martlesham. She recently got a price from the landlord for a lease extension but I am unclear whether it is too high.
I am currently negotiating a lease extension for my flat in Martlesham as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
Do you handle lease extensions on land? (a plot of land in Martlesham with 82yrs remaining)