Common questions relating to Bournemouth Lease Extensions

  • I am looking for a in Bournemouth and they should be on the Nationwide Building Society approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend a ?
  • I have contacted my freeholder for a lease extension for my flat in Bournemouth. His has been in contact concerning costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started Septembmer 1990.
  • I am considering acquiring an auction property and found a studio flat in Bournemouth. It only has a 48 year lease..the seller being mortgagees in possession dont want the aggravation of applying for a lease extension..what are the disadvantages of this other than the huge fee to extend the lease and decreased chance of getting a mortgage with Barnsley Building Society?
  • We have a leasehold flat in Bournemouth with 70 years unexpired. Last year we were quoted a deal to receive a lease extension for a further 25 years but also increase ground rent from nominal to £250 per year..plus a premium I think of about 16k. We have now decided to go ahead but do we now have to renegotiate?
  • We are looking to extend our lease having owned the property for two years as of 13th March 2016. It has approximately 59 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as possible.
  • I would like some guidance on leasehold property buying. We are going to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Bournemouth area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • My fiance and I have owned a leasehold flat for around fifteen years. It now has 79 years remaining on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would appreciate advice.
  • I'm living with my mum and dad but have a one bedroom ground floor purpose built maisonette in Bournemouth let out which has a 72 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 Bournemouth 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 21k. Not sure sure whether to hold on or sell the flat?
  • I'm looking at buying a flat in Bournemouth valued at £195,000 the flat has something like sixety three years unexpired on the lease. My offer was subject to the lease being extended... .. that was back in September, hoping I'd have completed by Christmas. They have just informed me that they are prepared to knock £3k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bed flat in Bournemouth

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