Lease Extensions in Cannington

Sample questions relating to Cannington Lease Extensions

I purchased a property in Cannington and it has slightly more than fivety five years outstanding. I'd like to arrange a lease extension by twenty years

I'm wanting to make an offer on a house in Cannington 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 Nationwide Building Society giving us the mortgage now?

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I am a freeholder of a block of flats in Cannington, and the leaseholders are in the process of being given lease extensions. I anticipate receiving funds next month. How does the tax work, the property is co-owned with my wife ?

I have a share of the freehold. There are four apartments in the block. All the leaseholders are now requiring lease extensions. What are the timescales to grant a lease extension?

I an interested in finding out more about leasehold property buying. We plan to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Cannington area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?

I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 78 years. I need a lawyers at my end. Can you advise please? I live near Cannington and have a mortgage with Britannia.

Just a quick one, how much is the premium payable for a lease extension on a residential property in Cannington for a one bed flat - section 42 is already in place?

Me and my wife are hoping to purchase a property (a maisonette inCannington with share of freehold). During our search, we were always looking at apartments that had at least 83 years left. We identified a flat we liked and the estate agent assured that the lease term was not an issue. Today our lawyers informed us the lease only has seventy one years and thus requires a lease extension. Should we walk away, or should we negotiate our offer?

I have 64 years remaining on my lease of a ground floor flat in Cannington, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable

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