Newton Longville Lease Extensions: Q and A’s

  • I am the registered owner of a garden flat in Newton Longville that I am finding difficult to sell as a result of the lease requiring a lease extension. Are you able to help me with this situation ?
  • I purchased a flat in Newton Longville with a leasehold unexpired nearly fivety six years and need a lease extension. Please can you advise me of the next stages
  • I am interested in getting a lease extension for a flat in Newton Longville and want to use a local conveyancing practitioners. Is there a conveyancers that you can recommend?
  • I inherited a one bedroom apartment in Newton Longville. The start date for the lease was in 1998 for 99 years. Now I am wanting to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am going to purchase a flat located in Newton Longville. My offer is subject to the lease extension. The flat owner’s conveyancing practitioners 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 The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking into the costs of carrying out a lease extension for my studio flat in Newton Longville, and would like some figures on that.
  • I am a landlord of a block of flats in Newton Longville, and the lessees are in the process of being granted lease extensions. I anticipate receiving funds next week. How does the tax work, the property is in joint names with my husband ?
  • I am the freeholder of a Georgian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 55 years. What are my next steps?
  • If somebody 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 doing it?
  • My wife and I are worried about getting a lease extension from a difficult freeholder. Notwithstanding that the legal procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £300 doubling every twenty years of the new lease. Can you assist?
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    Lease Extensions in Newton Longville

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