Top Ten Questions relating to Cornhill On Tweed Lease Extensions

  • I just completed on a property in Cornhill On Tweed and it has nearly 68 years left. I'd like to extend the lease period
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has sixety six years balance left.
  • I am looking for a conveyancers in Cornhill On Tweed and they should be on the Nottingham Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
  • I am the owner of a maisonnette and the freehold. My downstairs neighbours have asked for a lease extension what do I need to do?
  • The terms for the lease on my flat in Cornhill On Tweed are 101 years from 10 Jan 1980. Can you give me a quote for a lease extension if I give you more specifics please?
  • I am a first time buyer of a leasehold flat in Cornhill On Tweed. The lease has just 54 years remaining and ground rent is £25. Is it possible for the current owner to serve the Section 42 Notice and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the seller? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.
  • I intend to buy a one bed flat in Cornhill On Tweed for asking price of 156k, which has 67 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I would like some guidance on leasehold property buying. We are going to buy a semi 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 rent out the property?
  • I'm living with my mum and dad but have a ground floor flat in Cornhill On Tweed let out which has a sixety five 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 Cornhill On Tweed 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 19k. Should I keep or sell the flat?
  • We are in the throws of buying a home (a maisonette based inCornhill On Tweed with share of freehold). During our search, we were always looking at apartments that had at least ninety years remaining. We came across a flat we fell in love with and the estate agent assured that the lease term was not an issue. Today our solicitors told us the lease only has 67 years and thus requires a lease extension. Do we walk away, or do we negotiate our offer?
  • Other Topics

    Lease Extensions in Cornhill On Tweed

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