Common questions relating to Cornhill On Tweed Lease Extensions

  • I agreed with the landlord to a lease extension on our flat located in Cornhill On Tweed, 17k for another 90yrs. How long is the process ?
  • I own a maisonnette and the freehold reversion. My upstairs neighbours have asked to extend the lease what do I need to do?
  • The intention is to sell our three bed flat in Cornhill On Tweed but we may need a lease extension, or possibly cover the costs of our purchaser. Can you recommend someone to assist?
  • We bought a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Cornhill On Tweed and looking to do a vesting order. Is this something you can help us with?
  • I am thinking about acquiring an auction property and found a two bed flat in Cornhill On Tweed. It has just fifty year lease..the seller being mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and reduced chance of getting a mortgage with Birmingham Midshires?
  • My brother and I are considering purchasing a maisonette in Cornhill On Tweed which is a leasehold. I am wondering what are the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • My wife and I had entered into a purchase of a three bedroom ground floor purpose built flat in Cornhill On Tweed. I was advised by the EA that the lease extension had already been completed while on a viewing (sixety three years outstanding prior to extension). The description on the listing said "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The owner supposedly has a quote but no finances to extend as a result the flat owner intends to exchange and use the 10% deposit to extend the lease. My question is is it not odd that my failed to pick this up far earlier than just before exchange?
  • I would like some help on leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Cornhill On Tweed area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • Me and my OH have been in discussion with our freeholder after having a valuation on our studio flat in Cornhill On Tweed. We have a seventy nine year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.

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