Bungay Lease Extensions

Examples of recent questions relating to Lease Extensions in Bungay

I just completed on a property in Bungay and it has about seventy nine years unexpired. I'd like to extend the lease period

I'm wanting to make an offer on a house in Bungay but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect TSB giving us the mortgage now?

I am going to purchase a flat based in Bungay. My offer is conditional upon a lease extension. The flat 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 Coventry Building Society. Moreover, which are the following lease extension steps to complete the purchase?

My wife and I have a GFF in Bungay. There is 80 years remaining on the lease and we want to extend the lease. What does it cost on average to extend in this area by, say,thirty years

We are looking to extend our lease. We will have been in the property for two years as of 1st Feb 2015. It has slightly more than 76 years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.

We have owned a leasehold flat for approximately eighteen years. There are 79 years unexpired lease on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate some independent thoughts.

I have a leasehold property in Bungay with 72 years unexpired on the lease. I am looking for a to act for me to achieve a lease extension. Can you help?

I'm looking at purchasing an apartment in Bungay valued at £210,000 the flat has something like 75 years unexpired on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in August, hoping I'd have completed by now. They have just come back saying they'll reduce the price by£2k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea

My mum knows that others in the same building had already had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of avoiding a formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?

We currently own a 2 bed flat in Bungay and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?

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