Questions and Answers: Moreton Lease Extensions

  • I inherited a garden flat in Moreton that I now cannot sell as a result of the lease requiring a lease extension. Are you willing to help me with this situation ?
  • I’m just looking for a 2 bed flat to buy in the Moreton area and was after more information on how much would it cost for a lease extension? It has 68 years outstanding...
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I plan on buying a flat based in Moreton. My offer is conditional upon a lease extension. The vendor’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 Bank of Ireland. Moreover, which are the following lease extension steps to complete the purchase?
  • What will I need to spend and what is the best way to start the lease extension process? I have approximately 54 years outstanding on my lease on a studio flat in Moreton. I have emailed the managing agents who act on behalf of the head landlord and they provided me with the number of the surveyor. I left a phone message for the valuer but I am not getting any kind of reaction.
  • I an interested in finding out more about leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Moreton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • Coming up to two years that I have owned my garden flat in Moreton. I have 61 yrs left on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Moreton based or any will do fine?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom second floor purpose built flat in Moreton
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom first floor purpose built flat in Moreton
  • Do you handle lease extensions on land? (a plot of land in Moreton with 82yrs remaining)

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