Common questions relating to Muxton Lease Extensions

  • My wife has an apartment located in Muxton which we are about to put on the market. The leasehold has nearly 55 years remaining on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Thank you.
  • I am considering investing in a second home but it has a lease that expires in 14 years. Its in Muxton - I wanted to see if with your services it is possible for this to be extended?
  • I am about to put an offer in on a two bedroom ground floor purpose built flat in Muxton with a lease of fivety six years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • We hope to sell our garden flat in Muxton but we may require a lease extension, or possibly cover the expense of our buyers. Are you able to recommend a conveyancing practitioners to handle this?
  • I'm looking for a flat to buy in Muxton and I'm not really familiar with the leasehold arrangement. I've identified a place I like with a 82 years lease. My research reveals that I can go for a lease extension after 2 years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?
  • I am a first time buyer of a leasehold flat in Muxton. The lease has only 61 years left and ground rent is £75. Is it possible for the flat owner to serve the Initial Notice and then assign over the right to me as the buyer once I complete the buying process so that I don't have to wait for the two 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 achievable but will it be very time consuming to the flat owner? Unfortunately it’s the case of an missing landlord, so I am not sure how this will play out.
  • We would like to know the cost of a lease extension valuation for a property based in Muxton. Is this something you can help us with?
  • I'm looking at buying a flat in Muxton at a price of £256,000 the flat has approximately 59 years remaining on the lease. I put in an offer subject to a lease extension... .. that was back in August, hoping I'd have moved in by Christmas. The seller has just informed the agent that they are prepared to knock £4k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • My nephew is worried about obtaining a lease extension from a difficult freeholder. Notwithstanding that the correct procedures were followed under the 1993 Act, the landlord still tried to get ground rent of £300 increasing by 100% every twenty years of the new lease. Can you assist?
  • We know that others in the same block had already had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest such a course of action?
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    Lease Extensions in Muxton

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