Lease Extensions in Acklam

FAQs concerning Acklam Lease Extensions

Hello, I just randomly found your site. I'm seeking prices on what a lease extension will cost for a garden flat in Acklam. It's on the market at the moment but has about seventy seven years left on the lease

I am looking for a in Acklam and they need to be on the Santander approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend any please ?

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 plan on buying a flat located in Acklam. My offer is conditional upon a lease extension. The homeowner’s has given to the freeholder the Notice of Claim. 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 Bank of Ireland. Moreover, which are the following lease extension steps to complete the purchase?

I'm thinking of purchasing a maisonette (leasehold) but the landlord has been missing for around 15yrs. I wonder whether it will be less expensive to try to purchase the reversionary title or to extend lease and apply for RTM?

I am looking into the costs of carrying out a lease extension for my maisonette in Acklam, and would like some figures on that.

I am concerned that my daughter is being hoodwinked. She put in an offer on a maisonette in Acklam, where the lease is approximately sixety four years but she was informed by the selling agents that the current owner had extended it to 125 years. She has now been advised the flat owner was waiting for her to instruct conveyancers prior to commencing with the lease extension. Sounds unscrupulous, also it may take time to sort it all out. Am I reading too much into it?

My husband and I have a residential flat in Acklam with sixety six years unexpired. Ten months ago we were quoted a deal to have a lease extension for another 25 years but also increase ground rent from nominal to £250 per year..plus a premium I think of approximately 9k. We have now decided to go ahead but do we now have to start the negotiations again?

Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Acklam for a one bed flat - section 42 is already in place?

We have a one bed flat in Acklam with a lease of seventy three years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

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