Examples of recent questions relating to Lease Extensions in Whitchurch

  • We agreed with the freeholder to a lease extension on our flat located in Whitchurch, 12.5k for an extension by 90yrs. How long will it take ?
  • I inherited a studio flat in Whitchurch that I am finding difficult to sell as a result of the lease needing a lease extension. Are you willing to help me with this situation ?
  • 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?
  • I am going to purchase a flat located in Whitchurch. My offer is conditional upon a lease extension. The vendor’s has given to the freeholder the Section 42 Notice. 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 HSBC Bank. Moreover, which are the following lease extension steps to complete the purchase?
  • We have a first floor flat in Whitchurch with 71 years unexpired. Last year we were quoted a deal to receive a lease extension for another fifty years but also increase ground rent from nominal to £300 per annum..plus a premium I think of about 9k. Finally we have decided to proceed but do we now have to renegotiate?
  • Me and my husband are buying a one bedroom first floor purpose built flat in Whitchurch which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we must hold on pending registration of the new lease?
  • My partner and I are in the throws of buying a home (a two bedroom first floor purpose built flat based inWhitchurch with share of freehold). During our search, we were always looking at properties that had at least eighty five years unexpired. We found a apartment we liked and the selling agent assured that the lease was long albeit not specifying a number. Today our advised us the lease only has 59 years and thus requires a lease extension. Should we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I'm looking for some advice concerning a lease extension on my maisonette. I'll be looking to do this in six months time as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • I am currently in the process of refinancing my one bed flat in Whitchurch and the next lender that I am looking to switch to needs a minimum 80 years on the leasehold of my property in order for them to progress matters. We currently have around sixety seven years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Whitchurch

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