Common questions relating to Belton Lease Extensions

  • I have got a leasehold flat in the Belton area and was curious if I could obtain a lease extension. What are your processes and fees. Has sixety nine years left
  • I'm wanting to make an offer on a house in Belton but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Bank of Scotland giving us the mortgage now?
  • The intention is to sell our garden flat in Belton but we may need a lease extension, or at least cover the expense of our purchaser. Are you able to suggest a conveyancers to undertake the legal formalities?
  • My mortgage provider is requesting a £600 fee for their property lawyers for a "deed of substituted security" for the lease extension for my flat in Belton... I can find no reference of this in my mortgage booklet... is this a normal charge?
  • I am thinking about acquiring an auction property and came upon a studio flat in Belton. It only has a fifty-one year lease..the current owner being mortgagees in possession dont want to mess around with seeking a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and decreased chance of getting a mortgage with Platform Home Loans Ltd?
  • We have a leasehold flat in Belton with sixety four years unexpired. Last year we were quoted a deal to have a lease extension for another fifty years but also increase ground rent from nominal to a little more..plus a premium I think of about 14k. Finally we have decided to go ahead but do we now have to start the negotiations again?
  • My partner and I have a one bedroom flat based in Belton. There is eighty years to run on the lease and we want to extend the lease. What does it cost on average to extend in this location by, say,25 years
  • We are looking to extend our lease having owned the place for two years as of 13th March 2016. It has slightly less than fivety five years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as is reasonably achievable.
  • Just been over 2 years that I have been in my one bedroom apartment in Belton. I have fivety six years remaining on the lease. I am now looking either to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to LVT)?
  • My wife and I are concerned about getting a lease extension from tricky freeholder. Even though the correct procedures were adhered to under the appropriate legislation, the freeholder still attempted to get ground rent of £200 doubling every twenty five years of the new lease. Can you help?
  • Other Topics

    Lease Extensions in Belton

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