Todwick Lease Extensions Example Support Desk Enquiries

  • So this is the scenario: I bought a garden flat in Todwick that I am finding difficult to sell as a result of the lease needing a lease extension. Can you please help me with this situation ?
  • I am considering investing in a second home but it has a lease that expires in 14 years. Its in Todwick - I wanted to see if with your services it is possible for this to be extended?
  • I want to purchase a leasehold property and extend the lease. The vendor has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • 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'm looking for a flat to purchase in Todwick and I'm not really familiar with the leasehold arrangement. I've identified a one bedroom apartment I like with a 90 years lease. My research reveals that I can go for a lease extension after a couple of years, but:- Is this a given?
  • I own a share of the freehold. There are three apartments in the house. All the leaseholders are now looking for lease extensions. What are the timescales to grant a lease extension?
  • Me and my OH are proceeding with a purchase of a ground floor flat in Todwick. I was advised by the EA that the lease extension had already been completed while on a viewing (fivety five years unexpired lease prior to extension). The description on the listing stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The vendor apparently has a quote but no funds to extend as a result the current owner wants to exchange and use the 10% deposit for the lease extension. My question is is it not odd that my lawyers failed to spot this far earlier than just before exchange?
  • I am the freeholder of a 1930’s property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 66 years. What are my next steps?
  • Just been over two years that I have been in my studio flat in Todwick. I have seventy yrs remaining on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Todwick based lawyers or any will do fine?
  • I have a freehold of a three bedroom flat in Todwick. The leaseholders have 64 years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • Other Topics

    Lease Extensions in Todwick

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