Lease Extensions in Parbold

Top Ten Questions relating to Parbold Lease Extensions

I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leasehold owners want a lease extension and I'm enquiring about the the process

I'm looking for an apartment to purchase in Parbold and I'm not really familiar with the leasehold arrangement. I've found a one bedroom apartment I like with a 91 years lease. I've read that I can get a lease extension after 2 years, but:- Is this a given?

I have my suspicions that my niece is being hoodwinked. She submitted an offer on a garden flat in Parbold, where the lease is nearon 63 years but she was advised by the selling agents that the seller had extended it to 99 years. She has now been told the vendor was holding off for her to appoint conveyancers ahead of instigating the lease extension. Sounds odd to me, also it could take time to sort it all out. Am I being too sceptical?

I am a landlord of a block of flats in Parbold, and the tenants are in the process of being given lease extensions. I anticipate receiving the money within a month or so. Are there any tax implications, the property is co-owned with my wife ?

I am thinking about bidding for an auction property and identified a one bed flat in Parbold. It only has a 41 year lease..the seller as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and decreased chance of obtaining a mortgage with Godiva Mortgages Ltd?

We are considering purchasing a ground floor flat in Parbold which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?

I am the freeholder of a Georgian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy three years. What are my next steps?

We would like to know the cost of a lease extension valuation for a property based in Parbold. Is this something you can assist us with?

My wife and I are in the throws of buying a property (a one bed flat based inParbold with share of freehold). During our search, we were always looking at properties that had a minimum ninety years left. We came across a flat we liked and the estate agent assured that the lease was long albeit not specifying a number. Today our informed us the lease only has 60 years and thus needs a lease extension. Should we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

I am the registered freeholder to two flats. Someone has the lease on the lower flat in Parbold. I occupy in the upper flat. I was reviewing the title deeds recently when I noticed that my flat is leasehold. There is 59 years residual lease term. Is it possible to do a lease extension without retaining a ?

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