FAQs concerning Burwell Lease Extensions

  • I am looking for lease extension for our two bed flat based in Burwell and we don't fully understand the letter that we received from our freehold company. Can you please assist us with this situation?
  • My partner has an apartment in Burwell which we are about to put on the market. The leasehold has slightly less than 61 years outstanding on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • I'm wanting to make an offer on a house in Burwell 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 Leeds Building Society giving us the mortgage now?
  • I want to buy a leasehold property and lease extension. The current owner has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Burwell, and my lease will reach 64 years this Septembmer. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • My mortgage lender requires a £600 fee for their solicitors to agree a lease extension for my flat in Burwell... I can find no reference of this in my mortgage literature... is this a usual cost that they charge?
  • My brother and I are considering buying a garden flat in Burwell which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • I am in need of some help with a lease extension. I live in Belfast but the property in question is based in Burwell. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm intent on purchasing a flat in Burwell valued at £256,000 the flat has just under 71 years left on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in September, hoping I'd have moved in before Christmas. They have just come back saying they are willing to knock £5k off if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • We are buying a 2 bed flat in Burwell which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our lawyers to do a "priority search" on the lease. The concern here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to hold on until the new lease is registered?
  • Other Topics

    Lease Extensions in Burwell

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