Recently asked questions relating to Cherry Burton Lease Extensions

  • I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Cherry Burton - I wanted to see if with your services it is possible for this to be extended?
  • I'm about to make an offer on a house in Cherry Burton 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 The Royal Bank of Scotland giving us the mortgage now?
  • I want to acquire a leasehold property and lease extension. The homeowner has been there for four years and will sign 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 valued. The flat is in Cherry Burton, and my lease will reach fivety four years this October. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I am looking to either purchase the freehold or a lease extension of my property in Cherry Burton and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a remortgage with HSBC Bank to free up equity. My broker handling the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease began in 1972 and since then the ground rent has increased from £25.00 per year to £300 per year.
  • I'm looking for a flat to purchase in Cherry Burton and I'm not really familiar with the leasehold title. I've identified a studio flat I like with a 87 years lease. My research reveals that I can apply for a lease extension having owned the property for a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • I am a landlord of a block of flats in Cherry Burton, and the tenants are in the process of being granted lease extensions. I anticipate receiving the money next month. As I am not on self assessment do I get in touch with the tax man ?
  • Re a residence in Cherry Burton. lower maisonette. sixety three yrs remaining. I have an agreed lease extension to £12,000 for 115yrs. Landlord also insisted on Notice of Claim which I think is a bit over the top. Advice required.
  • My partner and I have a ground floor flat in Cherry Burton with 68 years left. Last year we were quoted a deal to have a lease extension for a further thirty years but also increase ground rent from nominal to £250 per annum..plus a premium I think of approximately 9k. Finally we have decided to go ahead but do we now have to start the negotiations again?
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Cherry Burton. I would be grateful if you can give me a call when you get a chance to discuss the case.

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