FAQs concerning Church End Lease Extensions

  • Me and my husband have just purchased a one bedroom apartment based inChurch End and I'm thinking about a lease extension as soon as I can e.g. after a couple of years
  • My name´s Dylan. I’m flat hunting in Church End I'm seeing a one bedroom second floor purpose built flat online, with roughly fivety nine years outstanding, how much does it cost on average to extend in this location by, say, thirty years?
  • I need to extend my existing lease can you assist? I think it has fivety six years left
  • 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 looking to either purchase the freehold or a lease extension of my property in Church End and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a remortgage with Britannia to release of equity. The adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease commenced in 1972 and since then the ground rent has been raised from £38.00 per year to £100 per year.
  • I have a leasehold flat in Church End. I have built a big extension and have not informed the freeholder. What are my options?
  • I am considering acquiring an auction property and identified a studio flat in Church End. It only has a 50 year lease..the vendor as mortgagees in possession dont want to mess around with applying for a lease extension..what are the disadvantages of this other than the huge fee to put a new lease on it and decreased chance of getting a mortgage with HSBC Bank?
  • My OH and I are considering buying a three bedroom first floor purpose built flat in Church End which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and block me from extending the lease?
  • My husband has a share of freehold, with two other leaseholders in a building in Church End. House divided into three apartments. He has a lease, which has slightly less than sixety seven years left. How much would it cost for a lease extension and how many years would he need to extend by?
  • I'm living with my parents but have a studio flat in Church End let out which has a 57 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 Church End 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 13k. Not sure sure whether to hold on or sell the flat?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Church End