I’m just looking for a studio flat to buy in the Ely area and was after more information on how much would it cost to extend a lease? It has 79 years left...
I am considering investing in a holiday home but it has a lease that expires in fifteen years. Its in Ely - I wanted to see if with your services it is possible for this to be extended?
I'm about to make an offer on a house in Ely but I'm a little worried 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 Leeds Building Society 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 own a maisonnette together with 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 Ely are 101 years from 15 Feb 1988. Can you provide me a quote for a lease extension if I give you more information please?
I am looking to either purchase the freehold or a lease extension of my property in Ely and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously refinance with Alliance & Leicester to free up equity. The adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease commenced in 1972 and since then the ground rent has been raised from £15.00 per annum to £300 per annum.
My mortgage lender is requesting a £600 fee for their conveyancing practitioners to agree a lease extension for my flat in Ely... I am unable to find any reference of this in my mortgage contract... is this a usual cost that they charge?
I am thinking about purchasing an auction property and came upon a studio flat in Ely. It has just 41 year lease..the seller being mortgagees in possession dont want to mess around with applying for a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and reduced chance of getting a mortgage with The Royal Bank of Scotland?
I have a lease of sixety two years remaining on my flat in Ely. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?