Top Ten Questions relating to Brinsworth Lease Extensions

  • I want to acquire a leasehold property and lease extension. The vendor has been there for four 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 plan on buying a flat located in Brinsworth. My offer is subject to the lease extension. The flat owner’s property lawyers 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 Chelsea Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • My mortgage provider requires a £600 fee for their conveyancing practitioners to approve the lease extension deed for my flat in Brinsworth... I can find no mention of this in my mortgage contract... is this a usual fee to pay?
  • My husband and I have a first floor flat in Brinsworth with 63 years left. Ten months ago we were quoted a deal to grant a lease extension for a further thirty years but also uplift the ground rent from nominal to £250 per year..plus a premium I think of approximately 14k. We have now decided to move forward but do we now have to renegotiate?
  • I would like some help on leasehold property buying. We intend to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Brinsworth area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Brinsworth. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • If a leaseholder owns a flat with a lease of under 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?
  • My wife and I are concerned about seeking a lease extension from a difficult freeholder. Notwithstanding that the legal procedures were adhered to under the 1993 Act, the landlord still tried to charge ground rent of £300 increasing by 100% every 25 years of the new lease. Can you assist?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my two bedroom ground floor purpose built flat in Brinsworth
  • We have a ground floor flat in Brinsworth with a lease of seventy two years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Brinsworth

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