Lease Extensions in Fenstanton

Top Ten Questions relating to Fenstanton Lease Extensions

I'm intending to make an offer on a house in Fenstanton 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 Bank of Scotland giving us the mortgage now?

I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 55 years remaining.

I am looking for a in Fenstanton and they need to be on the Nottingham Building Society approved conveyancers panel as we need a lease extension and remortgage simultaneously. Are you able to recommend any please ?

I own a maisonnette and the freehold reversion. My downstairs neighbours have asked to extend the lease what do I need to do?

I plan on buying a flat in Fenstanton. The offer is subject to the lease extension. The vendor’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Accord Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?

I'm deliberating over purchasing a garden flat (leasehold) but the freeholder has been absent for just under 15yrs. I wonder whether it will be cheaper to try to buy the reversionary title or to get a lease extension and apply for right to manage?

I intend to buy a one bed flat in Fenstanton for asking price of 145k, 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 question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

I'm looking at purchasing an apartment in Fenstanton valued at £195,000 the flat has just under 63 years unexpired on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in September, expecting I'd have moved in by now. The owner has just come back saying they are willing to knock £5k off if I deal with the lease extension myself. I'm unsure whether that's a good idea

I am currently in the process of refinancing my 2 bed flat in Fenstanton and the next lender that I am looking to switch to requires at least 85 years on the leasehold of my property in order for them to progress matters. I have discovered that I currently have around 64 years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension

I have fivety eight years remaining on my lease of a ground floor flat in Fenstanton, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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