Common questions relating to Cleobury Mortimer Lease Extensions

  • I'm planning to make an offer on a house in Cleobury Mortimer 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?
  • Hi. I need a to review my lease extension before it's signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor changes.
  • I am the owner of a maisonnette and the freehold. The owners of the downstairs flat have asked for a lease extension what do I need to do?
  • I have been in touch with my freeholder for a lease extension for my flat in Cleobury Mortimer. Her has been in contact with charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started July 1984.
  • We have a ground floor flat in Cleobury Mortimer with 76 years left. Ten months ago we were quoted a deal to receive a lease extension for another 25 years but also increase ground rent from notional to £200 per year..plus a premium I think of approximately 16k. We have now decided to go ahead but do we now have to renegotiate?
  • I am in need of a lease extension for my flat in Cleobury Mortimer and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including vat and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my maisonette in Cleobury Mortimer
  • I'm intent on buying an apartment in Cleobury Mortimer at a price of £195,000 the flat has approaching 54 years unexpired on the lease. I put in an offer subject to a lease extension... .. that was back in November, hoping I'd have completed by now. The owner has just come back saying that they are prepared to knock £5k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • I am currently negotiating a lease extension for my flat in Cleobury Mortimer as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I'm looking for some advice with regard to a lease extension on my three bedroom first floor purpose built flat in Cleobury Mortimer. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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