Questions and Answers: Papworth Everard Lease Extensions

  • I’m just looking for a garden flat to buy in the Papworth Everard area and was interested in finding out how much would it cost to extend a lease? It has 75 years outstanding...
  • I am the registered owner of a flat in Papworth Everard with a leasehold unexpired approximately fivety seven years and need a lease extension. Please can you advise me of the next stages
  • Think I may have made a mistake, I am actually looking for a conveyancing practitioners in Papworth Everard who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can assist me with?
  • Last year I purchased a leasehold apartment in Papworth Everard. I have built a huge extension and have not informed my leaseholder. What should I do?
  • My OH and I are considering buying a garden flat in Papworth Everard which is a leasehold. I am wondering what are the pros and cons of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • I am looking to buy a one bed flat in Papworth Everard for asking price of 145k, which has sixety 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 landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I am looking for advice as I am interested in a property that has only a fivety nine year lease and therefore requires a lease extension. Is it possible for me to call someone to go through my options please?
  • My lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • We have owned a leasehold flat for about fifteen years. It now has 60 years remaining on the lease. After a year of protracted negotiations through my property lawyers and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.
  • I am the freeholder of a property in Papworth Everard where the leaseholder has requested a lease extension. Her valuer has provided a figure of £8,000, but has increased this to £10,000 without too much effort. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
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    Lease Extensions in Papworth Everard

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