Stone Lease Extensions: Q and A’s

  • My OH and I are seeking a lease extension for our ground floor flat based in Stone and we are confused by the communication that we got from our freehold company. What's your solicitors fee?
  • We agreed with the head landlord for a lease extension on our flat in Stone, 12k for a further 90yrs. What's your legal fee ?
  • I'm about to make an offer on a house in Stone but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Platform Home Loans Ltd giving us the mortgage now?
  • I want to buy a leasehold property and lease extension. The owner has been there for four 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 own a ground floor flat in Stone. The start date for the lease was in 1997 for 99 years. Now I am looking for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • I intend to buy a one bed flat in Stone for asking price of 156k, which has sixety 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 question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I would like some guidance on leasehold property buying. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Stone area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including vat and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my two bedroom ground floor purpose built maisonette in Stone
  • My brother and I are in the throws of buying a flat (a 2 bed flat inStone with share of freehold). Throughout our search, we were always looking at flats that had a minimum ninety years residual lease term. We came across a place we liked and the estate agent promised us that the lease term was not an issue. This morning our told us the lease only has 79 years and thus requires a lease extension. Do 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 own the freehold of a couple of flats. Someone has the lease on the garden flat in Stone. I reside in the top flat. I was reviewing the land registry documents last night when I noticed that my flat has a lease on it. There is 64 years remaining. Is it possible to do a lease extension without using a ?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Stone