Recently asked questions relating to Maxton Lease Extensions

  • I have shares in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leaseholders want a lease extension and I'm enquiring about the the process
  • My partner has a flat located in Maxton which we have just put on the market. The leasehold has nearon sixety eight years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • I need to extend my current lease can you help me with that? I think it has seventy years balance left
  • I have been in touch with my freeholder to extend my lease for my flat in Maxton. His conveyancers has been in contact with charges etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started July 1986.
  • I am a FTB of a leasehold flat in Maxton. The lease has just 57 years outstanding and ground rent is £25. Is it possible for the owner to serve the Section 42 Notice and then assign over the right to me as the purchaser once I complete the buying process 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 is legal but will it be very time consuming to the current owner? To add to the complexity it’s the case of an missing landlord, so I am not sure how does it work.
  • Re a residence in Maxton. upper maisonette. 65 yrs left. I have negotiated a lease extension price of £14k for 115yrs. Landlord also requested Initial Notice which I think should not be required. Can you assist.
  • I have a leasehold property in Maxton with 65 years left on the lease. I need a lawyers to help me achieve a lease extension. Can you help?
  • Me and my husband are in the throws of buying a flat (a ground floor flat inMaxton with share of freehold). Throughout our search, we were always looking at flats that had a minimum 83 years unexpired. We identified a place we fell in love with and the selling agent assured that the lease term was not an issue. Today our conveyancing practitioners informed us the lease only has seventy nine years and thus requires a lease extension. Should we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I own the freehold reversion of a property in Maxton and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has increased this to £10,000 without too much effort. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to face?
  • I am currently in the process of remortgaging my 2 bed flat in Maxton and the mortgage company that I am looking to move to needs at least 80 years remaining on the lease in order for them to take the mortgage forward. We currently have around 59 years on the leasehold so require some advice, guidance, and some quotes to get the wheels in motion for a lease extension
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    Lease Extensions in Maxton

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