Binstead Lease Extensions Example Support Desk Enquiries

  • My wife has a flat in Binstead which we are about to put on the market. The leasehold has roughly 75 years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I am looking to purchase a one bedroom apartment in Binstead with a lease of 59 years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • My mortgage provider requires a £450 fee for their conveyancing practitioners to approve the lease extension deed for my flat in Binstead... I am unable to find any reference of this in my mortgage literature... is this a normal fee to pay?
  • I am looking at bidding for an auction property and came upon a studio flat in Binstead. It has just 41 year lease..the current owner being mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and decreased chance of getting a mortgage with Godiva Mortgages Ltd?
  • My conveyancing practitioners (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I an interested in finding out more about leasehold property buying. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Binstead area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • My son has a share of freehold, with two other leaseholders in a building in Binstead. House divided into three flats. He has a lease, which has around 76 yrs outstanding. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I am the freeholder of a Georgian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 69 years. What are my next steps?
  • I'm living with my mum and dad but have a ground floor flat in Binstead let out which has a 79 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 Binstead 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. Not sure sure whether to hold on or sell the flat?
  • I am planning on refinancing my one bedroom apartment in Binstead and the new lender that I am looking to switch to requires at least 80 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around fivety six years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
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    Lease Extensions in Binstead

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