Top Ten Questions relating to Turvey Lease Extensions

  • 20,000 agreed with the freeholder, just seeking to find a Turvey for a lease extension. Our flat has just over 78 yrsoutstanding. How long will this take ?
  • Hello, I just randomly found this site. I'm looking for prices on what it cost to extend a lease of a ground floor flat in Turvey. It's on the market at the moment but has about 56 years left on the lease
  • Hello. I need someone to have a look at my lease extension prior to it being formalised just to make sure there's nothing that I haven't seen - it's just a reissue with a few small changes.
  • My co-lessees and I are in a building consisting of three flats in Turvey and have been offered to buy the freehold for 8k 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?
  • I am looking at purchasing an auction property and found a studio flat in Turvey. It only has a fifty-one year lease..the seller being mortgagees in possession dont want the aggravation of applying for a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and decreased chance of getting a mortgage with The Royal Bank of Scotland?
  • We would like to extend our lease having owned the place for two years as of 21st Feb 2016. It has around 56 years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as is reasonably achievable.
  • We have owned a leasehold flat for approximately twenty years. It now has seventy nine years left on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would appreciate some independent thoughts.
  • I am planning to extend the lease on my one bedroom apartment in Turvey I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am planning on remortgaging my ground floor flat in Turvey and the bank that I am looking to move to requires a minimum 85 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around 54 years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension
  • I am currently negotiating a lease extension for my flat in Turvey 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?

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