FAQs concerning Burnopfield Lease Extensions

  • So this is the scenario: I purchased a 2 bed apartment in Burnopfield that I now cannot sell as a result of the lease needing a lease extension. How long will it take ?
  • My wife has a flat based in Burnopfield which we have just put on the market. The leasehold has approximately seventy six years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I am looking for a property lawyers in Burnopfield and they need to be on the Bank of Scotland approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend any please ?
  • I am the owner of a maisonnette together with the freehold of both flats. My upstairs neighbours have asked to extend the lease what do I need to do?
  • I have been in touch with my freeholder for a lease extension for my flat in Burnopfield. His lawyers has been in contact regarding charges etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started December 1986.
  • I purchased a ground floor flat in Burnopfield. I am looking to extend lease on the property. It is just under eighty one years. I would just like to know what your charges are and how long the process takes.
  • I'm looking for an apartment to buy in Burnopfield and I'm not really familiar with the leasehold concept. I've found a place I like with a 90 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?
  • I am planning on remortgaging my studio flat in Burnopfield and the mortgage company that I am looking to move to requires at least 80 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around fivety nine years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
  • I am currently negotiating a lease extension for my flat in Burnopfield as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I have a lease of sixety five years remaining on my flat in Burnopfield. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Burnopfield

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