FAQs concerning Par Lease Extensions

  • Hi. I need a conveyancing practitioners to have a look at my lease extension prior to it being completed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.
  • I bought a maisonette in Par. The start date for the lease was in 1991 for 99 years. Now I am wanting to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
  • The intention is to sell our maisonette in Par but we may need to extend the lease, or at least cover the costs of our buyers. Can you suggest a conveyancing practitioners to help us?
  • I am looking to buy a one bed flat in Par for asking price of 145k, which has sixety seven years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I'm living with my mum and dad but have a one bedroom apartment in Par let out which has a 78 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 Par 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. Should I keep or sell the flat?
  • I do not need a lease extension but I do require a vesting order on a property I want to acquire in Par. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the garden area.
  • I know that others in the same block had already had a lease extension, and the landlord was reasonable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Would you suggest such a course of action?
  • I am planning on remortgaging my studio flat in Par and the mortgage company that I am looking to switch to needs at least 85 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around 54 years on the leasehold so require some help, guidance, and some quotes to get the wheels in motion for a lease extension
  • We have a 2 bed flat in Par with a lease of 77 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?
  • I'm looking for some advice with regard to a lease extension on my garden flat in Par. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good lawyers who specialises in lease extensions?
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    Lease Extensions in Par

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