Top Ten Questions relating to The Borough Lease Extensions

  • 40k agreed with the freeholder, just trying to find a The Borough for a lease extension. Our flat has slightly more seventy nine yearsunexpired lease. Are you willing to help us with this situation ?
  • I am interested in getting a lease extension for a flat in The Borough and want to use a local . Are you able to help me find a ?
  • Hello. I need a to review my lease extension ahead of it being formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor amendments.
  • I plan on buying a flat located in The Borough. The offer is subject to the 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 Bank of Ireland. Moreover, which are the following lease extension steps to complete the purchase?
  • We hope to sell our garden flat in The Borough but we may require a lease extension, or at least cover the expense of our buyers. Can you help me find someone to undertake the legal formalities?
  • In 2012 I purchased a leasehold flat in The Borough. I have built a large extension and have not informed my freeholder. What are my options?
  • I an interested in finding out more about purchasing a leasehold residence. We plan to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in The Borough area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • Me and my wife are purchasing a garden flat in The Borough which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of extending the lease. The seller 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 to do a pre-completion 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 correct that we have to wait until the lease extension has actually been registered before completing.?
  • I am currently negotiating a lease extension for my flat in The Borough 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?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom ground floor purpose built maisonette in The Borough

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