Recently asked questions relating to New Romney Lease Extensions

  • We are thinking about a lease extension for our garden flat in New Romney and we don't fully comprehend the communication that we got from our landlord company. How long will it take?
  • I bought a one bedroom apartment in New Romney that I am finding difficult to sell as a result of the lease requiring a lease extension. How long will it take ?
  • I purchased a studio flat in New Romney. I am looking to extend lease on the property. It is approximately eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • I am a FTB of a leasehold flat in New Romney. The lease has just sixety five years unexpired and ground rent is £50. Is it possible for the current owner to serve the Initial Notice and then transfer over the right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 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 may be possible but will it be very time consuming to the owner? Unfortunately the landlord can not be found, so I am not sure how this will play out.
  • I am thinking about bidding for an auction property and identified a studio flat in New Romney. It has just fifty year lease..the vendor being mortgagees in possession will not want the aggravation of seeking a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and decreased chance of getting a mortgage with Halifax?
  • I intend to buy a one bed flat in New Romney for asking price of 145k, which has 77 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I an interested in finding out more about leasehold property buying. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in New Romney 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?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in New Romney. I live in the upper flat. I was looking at the title deeds last night when I noticed that my flat has a lease on it. There is seventy eight years left on the lease. Can one do a lease extension without retaining a ?
  • I have fivety eight years remaining on my lease of a ground floor flat in New Romney, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bedroom second floor purpose built maisonette in New Romney

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