Lease Extensions in Harton

Questions and Answers: Harton Lease Extensions

I am going to purchase a flat located in Harton. My offer is conditional upon a 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 Santander. Moreover, which are the following lease extension steps to complete the purchase?

In 2010 I purchased a leasehold apartment in Harton. I have built a large extension and have not informed the freeholder. What are my options?

I am a first time buyer of a leasehold flat in Harton. The lease has only seventy one years residual lease term and ground rent is £75. Is it possible for the seller to serve the Initial Notice and then transfer over the right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the seller? Unfortunately it’s the case of an missing freeholder, so I am not sure how does it work.

I am considering buying an auction property and came upon a two bed flat in Harton. It only has a 41 year lease..the seller being mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this other than the costly fee to put a new lease on it and decreased chance of getting a mortgage with Barclays ?

I own a share of the freehold. There are five apartments in the house. All the leaseholders are now looking for lease extensions. How long will take to get a lease extension?

My father has a share of freehold, with two other leaseholders in a building in Harton. House split into three apartments. He has a lease, which has just over seventy years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

Me and my fiance have owned a leasehold flat for around fifteen years. There are seventy one years outstanding on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.

We would like to know the cost of a lease extension valuation for a property based in Harton. Is this something you can assist us with?

I have a freehold of a three bedroom flat in Harton. The leaseholders have sixety nine years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?

I have a lease of 64 years remaining on my flat in Harton. 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?

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