Marylebone Lease Extensions Example Support Desk Enquiries

  • I'm about to make an offer on a house in Marylebone but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Norwich and Peterborough Building Society giving us the mortgage now?
  • I want to acquire a leasehold property and lease extension. The vendor has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Marylebone, and my lease will reach seventy eight years this December. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I am about to view a two bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has sixety six years outstanding on the lease. It is also a repo so I'm assuming that the bank will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • I am a FTB of a leasehold flat in Marylebone. The lease has only 75 years outstanding and ground rent is £25. Is it possible for the current owner to serve the Section 42 Notice and then transfer over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the current owner? To add to the complexity it’s the case of an absent freeholder, so I am not sure how does it work.
  • Are you able to advise on the likely expense and the optimum way to start the lease extension process? I have about sixety three years outstanding and I own a ground floor flat in Marylebone.
  • I intend to buy a one bed flat in Marylebone for asking price of 125k, which has 66 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • Just been over two years that I have owned my 2 bed flat in Marylebone. I have sixety two yrs outstanding on the lease. I am now looking either to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Marylebone based lawyers or any will do fine?
  • I have a flat in Marylebone with seventy three years left on the lease. I am looking for a conveyancing practitioners to help me obtain a lease extension. Can you assist?
  • Are you able to provide an estimate to extend my mother’s lease on a one bedroom second floor purpose built flat in Marylebone. She already has a figure from the freeholder for a lease extension but I am far from certain if it is too high.
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    Lease Extensions in Marylebone

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