Temple Lease Extensions

Sample questions relating to Temple Lease Extensions

I have an interest in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm curious about the procedure for this

I want to buy a leasehold property and lease extension. The vendor has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I bought a garden flat based in Temple with a leasehold unexpired of sixety four years. I am wondering about how much it will cost me to extend my leasehold

We inherited a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Temple and are therefore deliberating the option of a vesting order. Is this something you can handle for us?

I am about to view a one bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has sixety six years left on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?

I am seeking advice as I am interested in a property that has only a 58 year lease and therefore requires a lease extension. Can I talk with someone to go through my options please?

We have owned a leasehold flat for about twenty years. It now has 70 years unexpired lease on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.

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 doing it?

I am currently negotiating a lease extension for my flat in Temple 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?

I'm looking for some advice with regard to a lease extension on my one bedroom second floor purpose built maisonette in Temple. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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