FAQs concerning Boncath Lease Extensions

  • Hello, I am looking somewhere around or in Boncath 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 61 years residual lease term.
  • I have been in touch with my freeholder to extend my lease for my flat in Boncath. His property lawyers has been in contact concerning fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started June 199.
  • I'm deliberating over buying a one bed flat (leasehold) but the landlord has been missing for around 15yrs. I wonder whether it will be cheaper to try to acquire the reversionary title or to extend lease and apply for right to manage?
  • I am looking to either purchase the freehold or a lease extension of my property in Boncath and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Leeds Building Society to free up equity. My broker handling the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease commenced in 1972 and since then the ground rent has been raised from £25.00 per annum to £125 per annum.
  • Me and my fiance are considering purchasing a three bed flat in Boncath which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
  • I'm living with my mother and father but have a 2 bed flat in Boncath let out which has a seventy nine 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 Boncath 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 13k. Should I keep or sell the flat?
  • Me and my husband are buying a one bedroom apartment in Boncath which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced extending the lease. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our solicitors to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to hold on until the lease extension has actually been registered before completing.?
  • I have 71 years remaining on my lease of a ground floor flat in Boncath, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Boncath
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    Lease Extensions in Boncath

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