Recently asked questions relating to Undy Lease Extensions

  • My wife has an apartment based in Undy which we are about to put on the market. The leasehold has nearly 54 years residual lease term 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 inherited a three bedroom second floor purpose built flat in Undy with a leasehold unexpired of 72 years. I am enquiring about how much I will need to spend to extend my lease term
  • I am the owner of a maisonnette together with the freehold reversion. My downstairs neighbours have asked to extend the lease what do I need to do?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Undy, and my lease will reach fivety four years this July. 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 need to talk to you about a leasehold property in Undy, I am thinking of buying at auction next week. The flat has a short lease and I was wondering about how much it would cost to get a lease extension and for your services.
  • I'm looking for a flat to purchase in Undy and I'm not really familiar with the leasehold concept. I've found a two bedroom first floor purpose built maisonette I like with a 82 years lease. I've read that I can go for a lease extension after a couple of years, but:- Is this a given?
  • I am a freeholder of a block of flats in Undy, and the lessees are in the process of being given lease extensions. I should hopefully get funds next month. Are there any tax implications, the property is in joint names with my wife ?
  • Me and my OH are acquiring a 2 bed flat in Undy which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of extending the lease. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our conveyancers to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must be patient pending registration of the new lease?
  • I am planning on remortgaging my three bedroom ground floor purpose built flat in Undy and the mortgage company that I am looking to switch to needs at least 80 years remaining on the lease in order for them to progress matters. We currently have around sixety years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my 2 bed flat in Undy
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    Lease Extensions in Undy

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