FAQs concerning Burroughs, The Lease Extensions

  • I am looking for lease extension for our flat based in Burroughs, The and we are confused by the communication that we received from our freehold company. What's your legal fee?
  • Me and my wife have just purchased a maisonette based inBurroughs, The and I'm deliberating a lease extension as soon as practicable e.g. in a couple of years
  • I'm wanting to make an offer on a house in Burroughs, The 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 Norwich and Peterborough Building Society giving us the mortgage now?
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Burroughs, The and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Yorkshire Building Society to release of equity. My broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease started in 1991 and since then the ground rent has been raised from £25.00 per year to £125 per year.
  • My leasehold flat in Burroughs, The is up for sale and I have a hopefully firm offer. There is 82 years left on the lease and I want to extend the lease. How much does it cost on average to get a lease extension by, say,35 years
  • Offer accepted on a a three bed flat in Burroughs, The, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.We are soon to exchange contracts in a couple of days. My query is why has this only just come to my attention by my ?
  • My husband has a share of freehold, with two other leaseholders in a building in Burroughs, The. House split into three apartments. He has a lease, which has nearon 60 yrs outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am hoping to extend the lease on my one bedroom apartment in Burroughs, The I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • Hi I own the freehold interest in a 3 bedroom flat in Burroughs, The. The leaseholder has a sixety six year lease and would like to purchase further 90 years. She is offering me £18,000 but I am unsure if this is too low an offer
  • I own the freehold reversion of a property in Burroughs, The and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this by £2,000 without too much effort. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?

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