Sample questions relating to Towcester Lease Extensions

  • I am looking at investing in a holiday home but it has a lease that expires in twenty years. Its in Towcester - I wanted to see if with your services this could be extended?
  • I am about to put an offer in on a ground floor flat in Towcester with a lease of seventy three years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am going to purchase a flat based in Towcester. My offer is conditional upon a lease extension. The current owner’s solicitors has given to the freeholder the Notice of Claim. 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 Scotland. Moreover, which are the following lease extension steps to complete the purchase?
  • We are in a block consisting of three flats in Towcester 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?
  • My fiance and I are considering purchasing a garden flat in Towcester which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • Offer accepted on a a garden flat in Towcester, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.Contracts were due to be exchanged in a couple of days. My query is Is it not odd that my lawyers failed to pick this up far earlier than just before exchange?
  • My fiance and I have owned a leasehold flat for about twenty years. It now has 78 years outstanding on the lease. After a year of protracted negotiations through my conveyancing practitioners 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 welcome advice.
  • Coming up to 2 years that I have been in my maisonette in Towcester. I have 68 years remaining on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Towcester based property lawyers or any will do fine?
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Towcester for a three bed flat - sec 42 is already in place?
  • My wife and I are worried about seeking a lease extension from an objectionable landlord. Regardless of the fact that the legal procedures were adhered to under the 1993 Act, the landlord still tried to get ground rent of £250 doubling every twenty years of the new term. Can you assist?
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    Lease Extensions in Towcester

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