Conisborough Lease Extensions

Sample questions relating to Conisborough Lease Extensions

I have an interest in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want a lease extension and I'm curious about the procedure for this

I am looking to extend the lease on my garden flat in Conisborough which will have seventy three years unexpired lease in November. What fees apply?

I am looking at investing in a holiday home but it has a lease that expires in 14 years. Its in Conisborough - I wanted to see if with your services it is possible for this to be extended?

I'm intending to make an offer on a house in Conisborough 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 Barclays giving us the mortgage now?

I'm deliberating over buying a garden flat (leasehold) but the landlord has been absent for slightly more than 15yrs. My question is would it be cheaper to try to purchase the reversionary title or to extend lease and apply for right to manage?

My fiance and I are proceeding with a purchase of a studio flat in Conisborough. I was assured that the lease had been extended (sixety two years left prior to extension). The description on the listing stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that there has been no lease extension. The seller supposedly has a quote but no finances to extend and consequently the current owner wants to exchange and use the 10% deposit for the lease extension. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?

Just been over two years that I have been in my maisonette in Conisborough. I have 66 years left on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?

I'm intent on acquiring an apartment in Conisborough at a price of £256,000 the flat has approaching seventy one years unexpired on the lease. My offer was subject to a lease extension... .. that was back in August, hoping I'd have moved in before now. They have just informed the agent that they are prepared to reduce the price by£2k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer

I am currently in the process of refinancing my ground floor flat in Conisborough and the bank that I am looking to move to requires at least 85 years on the leasehold of my property in order for them to take the mortgage forward. I have discovered that I currently have around sixety four years on the leasehold so require some help, guidance, and some quotes to get the wheels in motion for a lease extension

I am currently negotiating a lease extension for my flat in Conisborough 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?

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