Burton Latimer Lease Extensions Example Support Desk Enquiries

  • I need to extend my current lease can you help me with that? I think it has seventy four years left
  • I'm intending to make an offer on a house in Burton Latimer but I'm concerned 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 Aldermore giving us the mortgage now?
  • I invested in buying a garden flat in Burton Latimer. I am looking to extend lease on the property. It is approaching 80 years. I would just like to know what your charges are and how long it would take for completion.
  • My partner and I have a first floor flat in Burton Latimer with seventy five years left. Last year we were quoted a deal to have a lease extension for another fifty years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 14k. We have now decided to proceed but do we now have to start the negotiations again?
  • I am hoping to extend the lease on my three bedroom second floor purpose built maisonette in Burton Latimer I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • Coming up to 2 years that I have been in my garden flat in Burton Latimer. I have seventy nine years left on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • I do not need a lease extension but I do need a vesting order on a property I want to buy in Burton Latimer. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the garden area.
  • If a leaseholder owns a flat with a lease of under 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?
  • Me and my OH have been in discussion with our freeholder after having a valuation on our garden flat in Burton Latimer. We have a sixety year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a property lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I am currently negotiating a lease extension for my flat in Burton Latimer 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?
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    Lease Extensions in Burton Latimer

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