Stotfold Lease Extensions: Q and A’s

  • Hello, I stumbled upon your site. I'm seeking prices on what it cost to extend a lease of a a property based in Stotfold. It's up for sale at the moment but has circa 75 years unexpired lease on the lease
  • I have shares in the freehold of buildings comprising of seven flats each. 2 of the leasehold owners want to extend their leases and I'm curious about the procedure for this
  • Hello. I need someone to have a look at my lease extension before it's completed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.
  • I am the owner of a maisonnette together with the freehold. My upstairs neighbours have asked for a lease extension what do I need to do?
  • I acquired a ground floor flat in Stotfold. The lease commenced in 1992 for 99 years. Now I am looking for a lease extension. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • Is it possible to talk with you about a flat in Stotfold, I am considering buying at auction in the next few days. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I am considering bidding for an auction property and identified a studio flat in Stotfold. It only has a 41 year lease..the vendor as mortgagees in possession dont want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the huge fee to extend the lease and reduced chance of getting a mortgage with Skipton Building Society?
  • I am looking to extend the lease on my three bedroom first floor purpose built maisonette in Stotfold I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • We are acquiring a ground floor flat in Stotfold which has share of freehold and a leasehold. The lease was on the short side so the seller 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 to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we have to hold on until the new lease is registered?
  • I am currently negotiating a lease extension for my flat in Stotfold as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Stotfold