Questions and Answers: Burnopfield Lease Extensions

  • Me and my fiance are looking for lease extension for our apartment located in Burnopfield and we don't fully comprehend the communication that we got from our landlord company. How long will it take?
  • I bought a one bedroom apartment in Burnopfield that I now cannot sell as a result of the lease requiring a lease extension. What's your legal fee ?
  • I’m about to offer on a garden flat to purchase in the Burnopfield area and was enquiring what the likely fees would be to extend a lease? It has 63 years unexpired...
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 928 years residual lease term so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any advice would be much appreciated.
  • I have a lease of 77 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • Ref a residence in Burnopfield. upper maisonette. 66 yrs left. I have an agreed lease extension to £12,000 for 125yrs. Landlord also requested Notice of Claim which I think should not be necessary. Can you assist.
  • Me and my fiance would like to know the cost of a lease extension valuation for a property based in Burnopfield. Would you be able to help?
  • I'm living at mother and father but have a one bed flat in Burnopfield let out which has a 63 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 Burnopfield 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 19k. Not sure sure whether to hold on or sell the flat?
  • If a leaseholder owns a flat with a lease of less than 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?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Burnopfield

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