Newent Lease Extensions

Sample questions relating to Newent Lease Extensions

I inherited a flat in Newent with a leasehold unexpired circa 57 years and need a lease extension. Please can you clarify the next steps

I am considering investing in a holiday home but it has a lease that expires in 14 years. Its in Newent - I wanted to see if with your services it is possible for this to be extended?

I would like to have my residential flat leasehold extension premium valued. The flat is in Newent, and my lease will reach seventy four years this December. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?

I bought a ground floor flat in Newent. I am looking to extend lease on the property. It is nearon eighty years. I would just like to know what your charges are and how long the process takes.

I will soon view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy six years left on the lease. It is also a repossession so I'm assuming that the lender will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?

I am a first time buyer of a leasehold flat in Newent. The lease has just 70 years remaining and ground rent is £75. Is it possible for the flat owner to serve the Notice of Claim and then transfer this right to me as the purchaser on the day of completion so that I can avoid waiting 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 is legal but will it be very time costly to the vendor? Unfortunately it’s the case of an missing freeholder, 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 Newent. It has just 41 year lease..the seller as mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this except for the costly fee to put a new lease on it and reduced chance of getting a mortgage with Birmingham Midshires?

My wife and I had entered into buying a ground floor flat in Newent. I was informed that the lease had been lengthened (sixety six years unexpired lease prior to extension). The sales particulars stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The seller supposedly has a quote but no finances to extend and consequently the homeowner wishes to exchange and use the 10% deposit for the lease extension. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?

I am looking to extend the lease on my maisonette in Newent I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.

I'm living at mum and dad but have a studio flat in Newent let out which has a 66 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 Newent 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 19k. Not sure sure whether to hold on or sell the flat?

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