Sample questions relating to Burton upon Trent Lease Extensions

  • So this is the scenario: I purchased a 2 bed apartment in Burton upon Trent that I am now unable to sell as a result of the lease needing a lease extension. How long will it take ?
  • I am looking for a lease extension on the lease on my one bedroom apartment in Burton upon Trent which will have 63 years left in August. What fees apply?
  • I'm about to make an offer on a house in Burton upon Trent 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 Coventry Building Society giving us the mortgage now?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 70 years balance left.
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 899 years balance left so a lease extension is not an issue. 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 correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any help would be much appreciated.
  • I am looking for a in Burton upon Trent and they need to be on the Barnsley Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend any please ?
  • I plan on buying a flat in Burton upon Trent. The offer is conditional upon a lease extension. The flat owner’s has served the Notice of Claim. 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 Virgin Money. Moreover, which are the following lease extension steps to complete the purchase?
  • I am in need of a lease extension for my flat in Burton upon Trent and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • We are buying a one bedroom first floor purpose built flat in Burton upon Trent which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of extending the lease. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we must wait until the lease extension has actually been registered before completing.?
  • I am planning on remortgaging my garden flat in Burton upon Trent and the new lender that I am looking to move to needs at least 80 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around seventy six years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process

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