Lease Extensions in Montpelier

Top Ten Questions relating to Montpelier Lease Extensions

I am interested in getting a lease extension for a flat in Montpelier and want to use a local . Are you able to help me find a ?

I plan on buying a flat based in Montpelier. The offer is conditional upon a lease extension. The homeowner’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Leeds Building Society. Moreover, which are the following lease extension steps to complete the purchase?

I need to talk to you about a flat in Montpelier, I am thinking of bidding at auction in the next few days. The flat only has a few years outstanding and I am curious about what it would cost to get a lease extension and for your services.

We have a GFF located in Montpelier. There is eighty years unexpired on the lease and we want a lease extension. What will it likely cost to extend in this location by, say,ninety years

My wife and I would like to know the cost of a lease extension valuation for a property based in Montpelier. Is this something you can help us with?

I'm living with my mother and father but have a studio flat in Montpelier let out which has a 67 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Montpelier for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?

If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

We are in the throws of buying a property (a garden flat inMontpelier with share of freehold). Throughout our search, we were always looking at flats that had a minimum 83 years remaining. We found a apartment we fell in love with and the estate agent promised us that the lease term was not an issue. Yesterday our informed us the lease only has 66 years and therefore needs a lease extension. Should we run away, or do we reduce our offer?

My wife and I are aware that others in the same building had already had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?

Are you able to provide an estimate to extend my mother’s lease on a one bedroom apartment in Montpelier. She recently got a price from the landlord for a lease extension but I am unclear whether it is reasonable.

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