Lease Extensions in Bourne

Bourne Lease Extensions: Q and A’s

Me and my partner have just bought a studio flat located inBourne and I'm considering extending the lease as soon as possible e.g. after 24 months of ownership

I invested in buying a property in Bourne and it has slightly more than sixety five years balance left. I'd like to extend the lease period

I am considering investing in a holiday home but it has a lease that expires in eighteen years. Its in Bourne - I wanted to see if with your services it is possible for this to be extended?

I bought a garden flat in Bourne. The lease started in 1997 for 99 years. Now I am wanting for a lease extension. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?

I am looking into the costs of carrying out a lease extension for my two bedroom ground floor purpose built flat in Bourne, and would like some figures on that.

I am a FTB of a leasehold flat in Bourne. The lease has just 57 years balance left and ground rent is £75. Is it possible for the owner to serve the Section 42 Notice and then transfer over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 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 consuming to the current owner? To add to the complexity the landlord can not be found, so I am not sure how this will play out.

I am concerned that my daughter is being hoodwinked. She submitted an offer on a three bed flat in Bourne, where the lease is circa 54 years but she was informed by the estate agents that the owner had extended it to 125 years. She has now been advised the vendor was waiting for her to instruct solicitors prior to commencing with the lease extension. Sounds unscrupulous, also it may take a while to sort it all out. What do you think?

My mortgage provider requires several hundred pounds for their to approve the lease extension deed for my flat in Bourne... I can find no mention of this in my mortgage booklet... is this a usual cost that they charge?

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?

I'm looking for some advice with regard to a lease extension on my ground floor flat in Bourne. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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