Mitcheldean Lease Extensions: Q and A’s

  • I just completed on a property in Mitcheldean and it has just under fivety eight years outstanding. I'd like to extend the lease period
  • Hello. I need a solicitors to have a look at my lease extension ahead of it being completed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.
  • I am the owner of a maisonnette together with the freehold of both flats. My downstairs neighbours have asked for a lease extension what do I need to do?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Mitcheldean, and my lease will reach 55 years this Septembmer. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I am a first time buyer of a leasehold flat in Mitcheldean. The lease has just 64 years unexpired and ground rent is £95. Is it possible for the owner to serve the Section 42 Notice and then assign over the right to me as the buyer on the day of completion so that I can avoid waiting for the two 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 legal but will it be very time costly to the vendor? To add to the complexity the landlord can not be found, so I am not sure how this will play out.
  • I am the freeholder of a 1930’s property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 56 years. What are my next steps?
  • We have been in discussion with our freeholder after having a valuation on our garden flat in Mitcheldean. We have a 75 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I am the registered freeholder to two flats. Someone has the lease on the lower flat in Mitcheldean. I occupy in the top flat. I was looking at the title deeds recently when I noticed that my flat is leasehold. There is sixety two years unexpired. If I want a lease extension then would I simply be paying for the property lawyers fees?
  • I have fivety four years remaining on my lease of a ground floor flat in Mitcheldean, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • I am currently negotiating a lease extension for my flat in Mitcheldean 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?
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    Lease Extensions in Mitcheldean

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