Exchange and completion of leasehold flat without freeholders consent

[trumplt2]

I am a co-freeholder of a block of 3 flats, along with one other person. One of the flats is leasehold only and the owner is not on the freehold. It was recently repossessed and was bank owned, however a new buyer exchanged contracts last week. This week they are due to complete on said flat. This was...

[sb516]

On buying a property late 2017 victorian house converted in 2 flats in NW2 north-west london.

I purchased the freehold for the whole building and the leasehold for the top floor flat.

The leaseholder downstairs had 68 years remaining on her lease. She, in turn, submitted a...

[TakashiJo]

I own a flat which has an unexpired lease. I am in the process of remortgaging the flat. I received a mortgage offer from a lender. However, I had only nineteen years left on my lease; The lender requires all properties on which it lends, to have a minimum of twenty years remaining on the lease....

[16smrlandlordzone]

Hi.

We're currently in the process of getting our lease extended. Unfortunately it's fallen below the critical 80 year mark to 78 years. As a result of this were now being quoted a lump sum payment of £30-35,000 to extend our lease another 90 years.

We've been told we have...

[McGinty]

My parents own a lease of a flat and shares in the company that owns the freehold. The property was built, freehold established and 99 year leases granted about 55 years ago; the freehold was bought by the lessees about 40 years ago; most of the leases in the block were extended to 999 year leases for...

[amorgan]

Hi all,

I own the top floor conversion flat in a block of three. This includes a share of the freehold which is owned by way of a share in a Ltd company of which all three owners are directors.

The owner of the middle flat wishes to sell and it has come to her attention...

[Hels.nath]

Dear all,

I would like to know the practical steps I can take as a leaseholder to get the lease extended.

My freeholder is not experienced.

We have now approached her to extend the lease informally. She said that she understands that we have a legal right...

[Soled73]

I've bought property before, but never leasehold, so sorry in advance for my lack of knowledge.

I'm looking to purchase a leasehold studio, its a bank repo and my offer of £97k has been accepted. The purchase is for buy-to-let purposes.

The flat has a remaining term of...

[James2013]

Hi,

I'm in the process of renewing my lease on my 1 bed flat worth around £130,000. However I need some advice on whether the terms suggested by the freeholder seem reasonable.

I have 64 years remaining on my lease.
I currently pay £45 ground rent pa.
The freeholder...

[owenlara]

I am in the process of extending my lease. I have not yet owned my flat for 2 years, so cannot proceed under section 42. I wanted to get it done as soon as possible though as my lease now has less than 70 years remaining. I bought it for £209k in August 2011 and the lease commenced in June 1983....

[sbijad]

I'm currently in the process of buying a new build flat for £150,000. My solicitor is now advising against it having seen the lease mainly due to escalating ground rent. £200/year for the first 20 years then doubling every 20 years. Which would make extension expensive.

I was hoping...

[ManbirNahal]

Hi Guys,

Needed to pick a few brains here.

I've got a building which has a Commercial Unit and basement then 4 flats above. The flats were sold on long leases before I got the building. The commercial unit and basement are used by me. All 4 flats were brought by a Housing...

[Gnana]

Hi there

Am interested in getting our lease extended (currently about 104 years left) as we've been leaseholders(lessee's)for the last 3 years for the flat. From my search on the internet and various other forums so far, understand that its a fairly straight forward process with us serving...

[stormin]

Hi Everyone,
In 1983 my wife & I purchased a ground floor flat with a 99 year lease.
In a separate transaction we purchased the freehold for the building (ground floor flat & upstairs flat)
The upstairs flat has 54 years remaining on their lease.
We now wish to sell...

[Brainstormer]

I want to buy a 1 bed property in an auction but would like to know if there is any possibility I can extend it.

Its a ground floor flat with its own front door in a large 4 story council victorian property. The property has another three flats. Two have council tenants and the other...