Barrow Upon Soar Lease Extensions

Recently asked questions relating to Barrow Upon Soar Lease Extensions

I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 67 years residual lease term.

I plan on buying a flat located in Barrow Upon Soar. The offer is conditional upon a lease extension. The homeowner’s has served 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 Nottingham Building Society. Moreover, which are the following lease extension steps to complete the purchase?

Think I may have made a mistake, I am actually looking for a in Barrow Upon Soar who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?

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

I am thinking about purchasing an auction property and found a studio flat in Barrow Upon Soar. It only has a fifty year lease..the vendor as mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this except for the costly fee to put a new lease on it and decreased chance of obtaining a mortgage with Barclays Direct?

I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?

My partner and I have owned a leasehold flat for about eighteen years. It now has 77 years left on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would appreciate some independent thoughts.

I have a freehold of a 2 bedroom flat in Barrow Upon Soar. The leaseholders have 64 years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?

Me and my husband are in the throws of buying a flat (a ground floor flat inBarrow Upon Soar with share of freehold). During our search, we were always looking at properties that had a minimum 83 years left on the lease. We came across a flat we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Today our advised us the lease only has sixety eight years and therefore needs a lease extension. Do we walk away, or should 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 require an estimate to extend my mum’s lease on a one bedroom apartment in Barrow Upon Soar. She recently got a price from the landlord for a lease extension but I am unclear whether it is too high.

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