FAQs concerning Cambridge Heath Lease Extensions

  • I’m looking for lease extension for our leasehold house based in Cambridge Heath and we don't fully comprehend the letter that we received from our landlord company. How long will it take?
  • We have just bought a studio flat based inCambridge Heath and I'm thinking about extending the lease as soon as I can e.g. in two years
  • I am fairly sure that our has advised us incorrectly concerning a lease extension and I want to find out how to go about making a formal complaint
  • I am going to purchase a flat located in Cambridge Heath. The offer is conditional upon a lease extension. The homeowner’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 Clydesdale. Moreover, which are the following lease extension steps to complete the purchase?
  • We are in a block comprising five flats in Cambridge Heath and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am a landlord of a block of flats in Cambridge Heath, and the tenants are in the process of being granted lease extensions. I should hopefully get funds next week. How does the tax work, the property is co-owned with my husband ?
  • I have a share of the freehold. There are four flats in the house. All the leaseholders are now requiring lease extensions. Are you able to help us with this situation?
  • Me and my fiance are proceeding with a purchase of a garden flat in Cambridge Heath. I was advised by the EA that the lease extension had already been completed while on a viewing (61 years left prior to extension). The description on the listing stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The current owner apparently has a quote but no funds to extend and consequently the vendor wishes to exchange and use the my deposit for the lease extension. My question is is it not odd that my failed to pick this up far earlier than just before exchange?
  • I'm living with my mum and dad but have a maisonette in Cambridge Heath let out which has a 79 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 Cambridge Heath 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 21k. Not sure sure whether to hold on or sell the flat?
  • We have been in discussion with our freeholder after having a valuation on our ground floor flat in Cambridge Heath. We have a seventy nine year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he 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 to handle this for us. Can you please provide me what your costs would be to act on the lease extension.

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