Sample questions relating to Studley Lease Extensions

  • My partner agreed with the freeholder to a lease extension on our flat based in Studley, 15.5k for a further 90yrs. Can you please help us with this situation ?
  • My wife has a flat in Studley which we have just put on the market. The leasehold has roughly 69 years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • I am looking to extend the lease on my ground floor flat in Studley which will have 75 years unexpired lease in August. What fees apply?
  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 928 years left so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any guidance would be much appreciated.
  • I am going to purchase a flat located in Studley. The offer is conditional upon a lease extension. The seller’s conveyancing practitioners 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 Britannia. Moreover, which are the following lease extension steps to complete the purchase?
  • We acquired a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Studley and looking to do a vesting order. Is this something you can help us with?
  • I am a first time buyer of a leasehold flat in Studley. The lease has just sixety nine years remaining and ground rent is £95. Is it possible for the seller to serve the Section 42 Notice and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the homeowner? Unfortunately it’s the case of an missing freeholder, so I am not sure how does it work.
  • What will I need to spend and what is the best way to get a lease extension started? I have around 73 years unexpired lease on my lease on a one bedroom apartment in Studley. I have emailed the agent who represent the landlord and they gave me the number of the valuer. I have contacted the valuer but I am not receiving any returned calls.
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to purchase in Studley. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the rear garden.
  • We are acquiring a studio flat in Studley which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of extending the lease. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our lawyers 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 conveyancers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we must hold on until the new lease is registered?
  • Other Topics

    Lease Extensions in Studley

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