Bucknall Lease Extensions Example Support Desk Enquiries

  • I own a property in Bucknall and it has just over 74 years residual lease term. I'd like to arrange a lease extension by twenty years
  • I need to negotiate a lease extension for a flat in Bucknall and want to use a local solicitors. Is there a conveyancing practitioners that you can recommend?
  • I will soon view a one bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 69 years balance left on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • I am thinking about bidding for an auction property and found a two bed flat in Bucknall. It only has a 50 year lease..the current owner as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the drawbacks of this other than the huge fee to extend the lease and reduced chance of getting a mortgage with Coventry Building Society?
  • My husband and I have a one bedroom flat located in Bucknall. There is eighty years unexpired on the lease and we want a lease extension. What does it cost on average to extend in this area by, say,25 years
  • I intend to buy a one bed flat in Bucknall for asking price of 145k, which has seventy four years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I'm intent on buying an apartment in Bucknall valued at £195,000 the flat has approximately 72 years remaining on the lease. I put in an offer subject to a lease extension... .. that was back in August, hoping I'd have moved in before now. They have just come back saying they'll knock £5k off if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
  • We are acquiring a ground floor flat in Bucknall which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of extending the lease. The owner has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our conveyancers to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must be patient until the lease extension has actually been registered before completing.?
  • Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Bucknall for a one bed flat - sec 42 is already served?
  • I am planning on refinancing my ground floor flat in Bucknall and the next lender that I am looking to move to requires a minimum 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around 76 years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension
  • Other Topics

    Lease Extensions in Bucknall

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