Sample questions relating to Thurston Lease Extensions

  • I have just purchased a ground floor flat inThurston and I'm considering extending the lease as soon as practicable e.g. after two years
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 54 years left.
  • 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 am going to purchase a flat in Thurston. The offer is conditional upon a lease extension. The vendor’s solicitors has served 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 National Westminster Bank. Moreover, which are the following lease extension steps to complete the purchase?
  • Possibly made an error, I am searching for a conveyancers in Thurston who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
  • Regarding a property in Thurston. GFF maisonette. seventy six yrs unexpired. I have an agreed lease extension to £20k for 125yrs. Freeholder also insisted on Initial Notice which I think is a tad over the top. Can you assist.
  • Me and my husband would like to know the cost of a lease extension valuation for a property based in Thurston. Is this something you can assist us with?
  • It says on your website the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my studio flat in Thurston
  • My friend is aware that others in the same building had already had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
  • I am planning on refinancing my one bedroom ground floor purpose built flat in Thurston and the next lender that I am looking to move to requires a minimum 85 years remaining on the lease in order for them to progress matters. I have found that I currently have around 75 years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
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    Lease Extensions in Thurston

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