Lease Extensions in Frant

Frant Lease Extensions: Q and A’s

Me and my wife have just purchased a ground floor flat located inFrant and I'm considering a lease extension as soon as practicable e.g. in two years

My name´s Andrew. I’m flat hunting in Frant I'm considering offering on a studio flat online, with approximately seventy nine years remaining, how much does it cost on average to get a lease extension by, say, 45 years?

I own a leasehold flat in the Frant area and was curious if I could obtain a lease extension. What are your processes and charges. Has 67 years left

I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has fivety nine years unexpired.

I'm looking for a flat to buy in Frant and I'm not really familiar with the leasehold tenure. I've found a ground floor flat I like with a 90 years lease. I've read that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Nottingham Building Society?

My mortgage provider requires several hundred pounds for their to agree a lease extension for my flat in Frant... I can find no reference of this in my mortgage guide... is this a usual charge?

We have owned a leasehold flat for approximately twenty years. It now has 62 years remaining on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would welcome some independent thoughts.

I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around sixety seven years. I need a at my end. Can you advise please? I live near Frant and have a mortgage with Bank of Scotland.

Coming up to two years that I have been in my two bedroom first floor purpose built flat in Frant. I have 55 years unexpired lease on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 425k. 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: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?

We are in the throws of buying a property (a garden flat based inFrant with share of freehold). Throughout our search, we were always looking at apartments that had at least ninety years outstanding. We found a flat we liked and the estate agent promised us that the lease term was not an issue. Yesterday our advised us the lease only has 54 years and therefore needs a lease extension. Do we run away, or do 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?

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