Crewkerne Lease Extensions

Common questions relating to Crewkerne Lease Extensions

I'm intending to make an offer on a house in Crewkerne 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 Lloyds TSB Bank giving us the mortgage now?

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 bought a one bedroom ground floor purpose built maisonette in Crewkerne. I am looking for a lease extension on the property. It is around eighty years. I would just like to know what your charges are and how long it would take for completion.

I need to talk to you about a flat in Crewkerne, I am thinking of bidding at auction in the next few days. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.

I intend to buy a one bed flat in Crewkerne for asking price of 125k, which has sixety one 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 query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

I would like some guidance on purchasing a leasehold residence. 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 Crewkerne area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?

I am looking to extend the lease on my three bedroom first floor purpose built maisonette in Crewkerne I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.

I am the freeholder of a Victorian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 67 years. What are my next steps?

My wife and I are hoping to acquire a flat (a garden flat located inCrewkerne with share of freehold). During our search, we were always looking at properties that had at least eighty five years unexpired. We identified a apartment we fell in love with and the selling agent promised us that the lease term was not an issue. Yesterday our told us the lease only has seventy one years and therefore requires a lease extension. Do we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

My and my fiance know that others in the same building previously had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?

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