Borough Green Lease Extensions Example Support Desk Enquiries

  • I’m just looking for a three bedroom first floor purpose built flat to buy in the Borough Green area and was curious how much would it cost to extend a lease? It has seventy four years left...
  • I am interested in getting a lease extension for a flat in Borough Green and want to use a local . Is there a that you can recommend?
  • I am going to purchase a flat based in Borough Green. My offer is subject to the lease extension. The current owner’s 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 Santander. Moreover, which are the following lease extension steps to complete the purchase?
  • I'm looking for an apartment to buy in Borough Green and I'm not really familiar with the leasehold tenure. I've identified a one bedroom apartment I like with a 87 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?
  • My OH and I are considering purchasing a one bed flat in Borough Green which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • Offer accepted on a a garden flat in Borough Green, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as eighty years.We are about to exchange contracts within a week. My question is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • I'm living with my mum and dad but have a ground floor flat in Borough Green let out which has a sixety 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 Borough Green 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 19k. Should I keep or sell the flat?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • We are in the throws of buying a flat (a one bed flat based inBorough Green with share of freehold). During our search, we were always looking at flats that had a minimum 84 years unexpired. We came across a apartment we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. This morning our advised us the lease only has 75 years and thus needs a lease extension. Do 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?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom second floor purpose built flat in Borough Green

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