Recently asked questions relating to Baldock Lease Extensions

  • I need to negotiate a lease extension for a flat in Baldock and want to use a local property lawyers. Are you able to help me find a solicitors?
  • I want to buy a leasehold property and lease extension. The current owner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • Do you only advise on lease extensions in Baldock? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a property lawyers.
  • My mortgage lender is requesting several hundred pounds for their solicitors for a "deed of substituted security" for the lease extension for my flat in Baldock... I can find no mention of this in my mortgage contract... is this a standard cost that they charge?
  • I am thinking about bidding for an auction property and came upon a two bed flat in Baldock. It only has a fifty year lease..the current owner as mortgagees in possession will not want the aggravation of seeking a lease extension..what are the drawbacks of this except for the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Accord Mortgages Ltd?
  • I own a share of the freehold. There are four flats in the building. All the leaseholders are now seeking lease extensions. How long will take to get a lease extension?
  • We would like to extend our lease having owned the apartment for two years as of 21st March 2015. It has about 75 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as is reasonably achievable.
  • I own a purpose-built flat in a small block in Baldock. The leasehold interest in the flat on a ninety five year lease which commenced on 1 March 1970 with a fixed ground rent of £15 per annum. I wish to obtain a lease extension. Is it possible for me to talk with someone to discuss my options please?
  • I'm living with my mum and dad but have a studio flat in Baldock let out which has a 72 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Baldock for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
  • Are you able to provide an estimate to extend my mother’s lease on a one bedroom apartment in Baldock. She already has a figure from the freeholder for a lease extension but I am unclear whether it is too high.
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    Lease Extensions in Baldock

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