Sample questions relating to Fenham Lease Extensions

  • 40k agreed with the landlord’s agents, just seeking to find a Fenham for a lease extension. Our flat has around seventy four yearsoutstanding. Are you willing to help us with this situation ?
  • We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 928 years outstanding so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any information would be much appreciated.
  • 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 ground floor flat in Fenham. I am looking for a lease extension on the property. It is about eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • I am about to view a two bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 71 years unexpired on the lease. It is also a repossession so I'm guessing that the bank will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am a freeholder of a block of flats in Fenham, and the lessees are in the process of being issued lease extensions. I should hopefully get funds within a month or so. How does the tax work, the property is in joint names with my husband ?
  • Offer accepted on a a three bedroom first floor purpose built maisonette in Fenham, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.Contracts were due to be exchanged in a couple of days. My query is why has this only just come to my attention by my ?
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 68 years. I need a at my end. Can you advise please? I live near Fenham and have a mortgage with Barnsley Building Society.
  • Coming up to two years that I have owned my 2 bed flat in Fenham. I have sixety seven yrs remaining on the lease. I am now wanting to buy a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 445k. 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: Is there a benefit in getting a Fenham based or any will do fine?
  • Although I do not need a lease extension but I do require a vesting order on a property I want to purchase in Fenham. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.

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