Sample questions relating to Maxton Lease Extensions

  • I agreed with the freeholder to a lease extension on our flat in Maxton, 6.5k for an additional 90yrs. Are you able to guide us with this situation ?
  • I’m just looking for a studio flat to purchase in the Maxton area and was curious how much would it cost for a lease extension? It has seventy one years residual lease term...
  • I own a garden flat in Maxton. The start date for the lease was in 1991 for 99 years. Now I am looking to extend the lease. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • The terms for the lease on my apartment in Maxton are 101 years from 14 Dec 1980. Please give me a quote for a lease extension if I give you more information please?
  • I am concerned that my niece might be having the wool pulled over her eyes. She put in an offer on a ground floor flat in Maxton, where the lease is approximately 76 years but she was advised by the selling agents that the current owner had extended it to 99 years. She has now been advised the flat owner was holding off for her to retain conveyancers prior to commencing with the lease extension. Sounds unscrupulous, also it could take time to sort it all out. Am I reading too much into it?
  • I am thinking about buying an auction property and came upon a two bed flat in Maxton. It has just 49 year lease..the seller as mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and reduced chance of obtaining a mortgage with Barclays Direct?
  • I am the registered freeholder to two flats. Someone has the lease on the lower flat in Maxton. I live in the upper flat. I was looking at the land registry documents last night when I noticed that my flat has a lease on it. There is 68 years remaining. If I want to do a lease extension then would I just be paying for the costs?
  • I own the freehold reversion of a property in Maxton and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My valuer has recommended a much higher figure. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • We know that others in the same block had already had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
  • I'm looking for some advice with regard to a lease extension on my garden flat in Maxton. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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