Common questions relating to Tedburn St Mary Lease Extensions

  • My OH agreed with the head landlord for a lease extension on our flat in Tedburn St Mary, 18k for a further 90yrs. What's your legal fee ?
  • My partner has an apartment located in Tedburn St Mary which we have just put on the market. The leasehold has slightly more than sixety seven years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I plan on buying a flat located in Tedburn St Mary. The offer is subject to the lease extension. The flat owner’s has served the Notice of Claim. 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 National Westminster Bank. Moreover, which are the following lease extension steps to complete the purchase?
  • We are looking to extend our lease. We will have been in the apartment for two years as of 22nd May 2016. It has about seventy three years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as is reasonably achievable.
  • I intend to buy a one bed flat in Tedburn St Mary for asking price of 156k, which has 68 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord 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 do not need a lease extension but I do require a vesting order on a property I want to acquire in Tedburn St Mary. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the garden area.
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I'm looking at buying an apartment in Tedburn St Mary at a price of £256,000 the flat has approximately 58 years remaining on the lease. I put in an offer conditional upon a lease extension... .. that was back in August, expecting I'd be in by Christmas. They have just come back saying that they are prepared to knock £5k off if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • Do you handle lease extensions on land? (a plot of land in Tedburn St Mary with 82yrs remaining)
  • I have a lease of sixety nine years remaining on my flat in Tedburn St Mary. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Tedburn St Mary