Temple Lease Extensions

Common questions relating to Temple Lease Extensions

I need to extend my current lease can you assist? My investigation with the Land Registry reveal that it has fivety eight years remaining

Hello. I need a to review my lease extension prior to it being completed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I plan on buying a flat located in Temple. My offer is conditional upon a lease extension. The flat owner’s 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?

My neighbours and I are in a building comprising four flats in Temple 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 am a freeholder of a block of flats in Temple, and the lessees are in the process of being issued lease extensions. I should hopefully get funds next month. How does the tax work, the property is co-owned with my partner ?

I am considering acquiring an auction property and identified a two bed flat in Temple. It has just fifty year lease..the current owner as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Chelsea Building Society?

I am the freeholder of a Georgian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 55 years. What are my next steps?

I'm living with my mum and dad but have a three bedroom first floor purpose built maisonette in Temple let out which has a seventy six 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 Temple 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?

Even though I may not need a lease extension but I do require a vesting order on a property I want to acquire in Temple. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.

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