Frequently asked questions relating to Yoxall Lease Extensions

  • I am fairly sure that our property lawyers has advised us incorrectly concerning a lease extension and I would like to know how to go about making a formal complaint
  • I purchased a property in Yoxall and it has just over sixety one years balance left. I'd like to extend the lease period
  • I am the registered owner of a one bedroom second floor purpose built maisonette in Yoxall. The start date for the lease was in 1991 for 99 years. Now I am looking for a lease extension. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • I'm looking for a flat to purchase in Yoxall and I'm not really familiar with the leasehold tenure. I've identified a place I like with a 82 years lease. I've read that I can get a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with the mortgage?
  • I have my suspicions that my daughter is being hoodwinked. She submitted an offer on a garden flat in Yoxall, where the lease is around seventy four years but she was told by the selling agents that the homeowner had extended it to 99 years. She has now been advised the current owner was holding off for her to instruct conveyancers prior to commencing with the lease extension. Sounds unscrupulous, also it could take months to sort it all out. What do you think?
  • I am in need of a lease extension for my flat in Yoxall and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • If somebody owns a flat with a lease of under 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?
  • Me and my sister are in the throws of buying a flat (a one bedroom apartment located inYoxall with share of freehold). Throughout our search, we were always looking at flats that had a minimum ninety years unexpired. We came across a apartment we liked and the selling agent promised us that the lease term was not an issue. This morning our conveyancers informed us the lease only has 75 years and therefore needs a lease extension. Do we run away, or should we negotiate our offer?
  • We know that others in the same building had already had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
  • I'm looking for some advice with regard to a lease extension on my two bedroom ground floor purpose built maisonette in Yoxall. I'll be looking to do this sometime next year as we need to move at some point 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 extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Yoxall

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