Examples of recent questions relating to Lease Extensions in Poundbury

  • I bought a property in Poundbury and it has circa fivety five years residual lease term. I'd like to arrange a lease extension by twenty years
  • I am looking for a lease extension on the lease on my one bedroom ground floor purpose built flat in Poundbury which will have 79 years outstanding in September. What fees are applicable?
  • I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has seventy seven years residual lease term
  • I inherited a ground floor flat located in Poundbury with a leasehold unexpired of seventy eight years. I am wondering about how much I will need to spend to extend my leasehold
  • I have contacted my freeholder to extend my lease for my flat in Poundbury. His conveyancing practitioners has been in contact with charges etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started July 1992.
  • I am going to purchase a flat located in Poundbury. The offer is subject to the lease extension. The vendor’s property lawyers has given to the freeholder the Section 42 Notice. 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 Alliance & Leicester . Moreover, which are the following lease extension steps to complete the purchase?
  • We are in a building containing five flats in Poundbury and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around sixety six years. I need a conveyancing practitioners at my end. Can you advise please? I live near Poundbury and have a mortgage with Alliance & Leicester .
  • I'm living at mum and dad but have a ground floor flat in Poundbury let out which has a 70 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 Poundbury 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 21k. Should I keep or sell the flat?
  • My OH and I are are hoping to complete on a three bed flat in Poundbury which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our lawyers to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must wait pending registration of the new lease?
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    Lease Extensions in Poundbury

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