Newtown Lease Extensions Example Support Desk Enquiries

  • I’ve just purchased a garden flat based inNewtown and I'm thinking about a lease extension as soon as practicable e.g. in two years
  • I want to acquire a leasehold property and lease extension. The flat owner has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Newtown, and my lease will reach 74 years this December. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I am the registered owner of a studio flat in Newtown. The lease commenced in 1991 for 99 years. Now I am looking to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • I plan on buying a flat located in Newtown. The offer is conditional upon a lease extension. The current owner’s lawyers has served 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 Virgin Money. Moreover, which are the following lease extension steps to complete the purchase?
  • My mortgage lender requires a £600 fee for their conveyancing practitioners for a "deed of substituted security" for the lease extension for my flat in Newtown... I am unable to find any mention of this in my mortgage booklet... is this a usual fee to pay?
  • I am looking at acquiring an auction property and identified a studio flat in Newtown. It only has a 41 year lease..the current owner as mortgagees in possession dont want to mess around with negotiating a lease extension..what are the disadvantages of this except for the huge fee to extend the lease and reduced chance of getting a mortgage with HSBC Bank?
  • We have a one bedroom flat located in Newtown. There is 80 years to run on the lease and we want a lease extension. What does it cost on average to extend in this area by, say,25 years
  • We would like to know the cost of a lease extension valuation for a property based in Newtown. Is this something you can help us with?
  • Me and my OH have been in discussion with our freeholder after having a valuation on our ground floor flat in Newtown. We have a sixety three year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a property lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
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    Lease Extensions in Newtown

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