Birchington Lease Extensions

Questions and Answers: Birchington Lease Extensions

35k agreed with the landlord, just trying to find a Birchington for a lease extension. Our lease has just under seventy one yearsunexpired lease. How long will this take ?

I'm wanting to make an offer on a house in Birchington 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 Virgin Money giving us the mortgage now?

I have been in touch with my freeholder to extend my lease for my flat in Birchington. His has been in contact concerning costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started October 1984.

In 2012 I purchased a leasehold flat in Birchington. I have built a big extension and have not informed the leaseholder. What should I do?

I'm looking for a flat to buy in Birchington and I'm not really familiar with the leasehold concept. I've identified a ground floor flat I like with a 82 years lease. My research reveals that I can go for a lease extension having owned the property for 2 years, but:- Is this a given?

I am about to view a one bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 64 years balance left on the lease. It is also a repossession so I'm guessing that the lender will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?

I am a first time buyer of a leasehold flat in Birchington. The lease has just 68 years balance left and ground rent is £75. Is it possible for the flat owner to serve the Notice of Claim and then transfer this right to me as the buyer on the day of completion so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the seller? Unfortunately the landlord is absent, so I am not sure how does it work.

My (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?

Me and my wife are in the throws of buying a property (a garden flat inBirchington with share of freehold). During our search, we were always looking at apartments that had a minimum 83 years left on the lease. We came across a place we liked and the estate agent promised us that the lease term was not an issue. Yesterday our informed us the lease only has seventy nine years and therefore needs a lease extension. Should we run 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 know that others in the same block previously had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on previous prices . This would save on double valuation fees. Would you suggest such a course of action?

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