Fenstanton Lease Extensions

Frequently asked questions relating to Fenstanton Lease Extensions

I am interested in getting a lease extension for a flat in Fenstanton and want to use a local . Are you able to help me find a ?

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 798 years remaining 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 correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any feedback would be much appreciated.

The intention is to sell our studio flat in Fenstanton but we may need a lease extension, or at least cover the expense of our purchaser. Can you recommend a to handle this?

I am considering whether to purchase the freehold or a lease extension of my property in Fenstanton and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with Godiva Mortgages Ltd to release of equity. The broker handling the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease started in 1979 and since then the ground rent has increased from £15.00 per annum to £300 per year.

I'm looking for a flat to buy in Fenstanton and I'm not really familiar with the leasehold concept. I've identified a ground floor flat I like with a 87 years lease. I've read that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with the mortgage?

We have a GFF based in Fenstanton. There is 81 years to run on the lease and we want a lease extension. How much will it likely cost to get a lease extension by, say,ninety years

Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Fenstanton for a two bed flat - sec 42 is already in place?

We are hoping to buy a flat (a one bedroom apartment inFenstanton with share of freehold). During our search, we were always looking at flats that had at least 84 years balance left. We found a apartment we fell in love with and the estate agent promised us that the lease was long albeit not specifying a number. Today our told us the lease only has seventy five years and therefore needs 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 aunt is worried about seeking a lease extension from tricky landlord. Regardless of the fact that the correct procedures were followed under the appropriate legislation, the freeholder still attempted to charge ground rent of £250 doubling every twenty years of the new lease. Can you assist?

I have a lease of fivety six years remaining on my flat in Fenstanton. 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?

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