Common questions relating to Verwood Lease Extensions

  • I inherited a flat in Verwood with a leasehold unexpired nearly seventy eight years and need a lease extension. Please can you clarify the next stages
  • I think our has advised us incorrectly concerning a lease extension and I want to find out how to complain
  • 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?
  • We have a residential flat in Verwood with 69 years remaining. Ten months ago we were quoted a deal to receive a lease extension for another thirty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 9k. Finally we have decided to proceed but do we now have to renegotiate?
  • My leasehold flat in Verwood is up for sale and I have a hopefully firm offer. There is eighty one years left on the lease and I want to extend the lease. What will it likely cost to get a lease extension by, say,45 years
  • Me and my sister have owned a leasehold flat for approximately eighteen years. There are 60 years unexpired lease on the lease. After a year of protracted negotiations through my 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 a Tribunal and would appreciate some independent thoughts.
  • My brother and I would like to know the cost of a lease extension valuation for a property based in Verwood. Would you be able to help?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in Verwood for a two bed flat - section 42 having been issued?
  • My mum is concerned about obtaining a lease extension from a difficult landlord. Even though the correct procedures were followed under the 1993 Act, the freeholder still tried to charge ground rent of £200 doubling every twenty five years of the new lease. Can you help?

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