Questions and Answers: Twyford Lease Extensions

  • My partner has a flat in Twyford which we are about to put on the market. The leasehold has about 58 years outstanding on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Twyford, and my lease will reach sixety seven years this February. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I plan on buying a flat located in Twyford. The offer is subject to the lease extension. The flat owner’s has served 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 Ireland. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking into the costs of carrying out a lease extension for my first floor flat in Twyford, and would like some figures on that.
  • My mortgage provider is requesting a £600 fee for their for a "deed of substituted security" for the lease extension for my flat in Twyford... I am unable to find any reference of this in my mortgage guide... is this a usual cost that they charge?
  • My partner and I have a GFF in Twyford. There is eighty years left on the lease and we want to extend the lease. What does it cost on average to extend in this area by, say,45 years
  • Offer accepted on a a 2 bed flat in Twyford, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as eighty years.We are soon to exchange contracts in a couple of days. My query is how is possible that the estate agent got it so wrong?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I'm intent on purchasing an apartment in Twyford valued at £210,000 the flat has approaching 68 years unexpired on the lease. I put in an offer conditional upon a lease extension... .. that was back in November, hoping I'd be in by now. They have just come back saying they'll reduce the price by£8k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • Do you handle lease extensions on land? (a plot of land in Twyford with 82yrs remaining)

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