Frequently asked questions relating to Cawthorne Lease Extensions

  • I’m just looking for a garden flat to purchase in the Cawthorne area and was wondering what the likely fees would be for a lease extension? It has 77 years unexpired...
  • I'm wanting to make an offer on a house in Cawthorne 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 Virgin Money 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 own a maisonnette and the freehold. The owners of the upstairs flat have asked to extend the lease what do I need to do?
  • The terms for the lease on my flat in Cawthorne are 101 years from 15 Sep 1989. Please give me a quote for a lease extension if I give you more specifics please?
  • I am looking at purchasing an auction property and came upon a studio flat in Cawthorne. It only has a 48 year lease..the vendor as mortgagees in possession dont want to mess around with seeking a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and decreased chance of obtaining a mortgage with Santander?
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Cawthorne for a three bed flat - section 42 is already served?
  • I know that others in the same block previously had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on previous prices . This would save on double valuation charges. Is this advisable?
  • We currently own a one bedroom apartment in Cawthorne and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy nine years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • I have a lease of fivety nine years remaining on my flat in Cawthorne. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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