Bishops Stortford Lease Extensions

Frequently asked questions relating to Bishops Stortford Lease Extensions

I'm intending to make an offer on a house in Bishops Stortford but I'm a little worried 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 Britannia giving us the mortgage now?

I want to acquire a leasehold property and extend the lease. The owner has been there over two 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 ?

I am the owner of a maisonnette and the freehold. My downstairs neighbours have asked to extend the lease what do I need to do?

I am going to purchase a flat in Bishops Stortford. My offer is subject to the lease extension. The vendor’s conveyancing practitioners 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?

We acquired a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Bishops Stortford and looking to do a vesting order. Is this something you can handle for us?

I would like to know the likely cost and the best way to start the lease extension process? I have slightly more than 63 years remaining and I own a one bed flat in Bishops Stortford.

I have my suspicions that my niece is being hoodwinked. She put in an offer on a studio flat in Bishops Stortford, where the lease is circa sixety one years but she was informed by the estate agents that the current owner had extended it to 125 years. Only now has she been advised the current owner was waiting for her to appoint solicitors before commencing with the lease extension. Seems underhand, also it could take a while to sort it all out. Am I being too sceptical?

My flat in Bishops Stortford is up for sale and I have a hopefully firm offer. There is eighty one years left on the lease and I want a lease extension. What does it cost on average to get a lease extension by, say,fifty years

I have sixety nine years remaining on my lease of a ground floor flat in Bishops Stortford, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Bishops Stortford

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