Hockley Lease Extensions

FAQs concerning Hockley Lease Extensions

I'm planning to make an offer on a house in Hockley but I'm concerned 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 TSB giving us the mortgage now?

I am looking for a in Hockley and they should be on the Clydesdale approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend a ?

I am going to purchase a flat based in Hockley. My offer is subject to the lease extension. The flat owner’s has served the Section 42 Notice. 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 Alliance & Leicester . Moreover, which are the following lease extension steps to complete the purchase?

I am looking into the costs of carrying out a lease extension for my GFF in Hockley, and would like some figures on that.

I am looking at purchasing an auction property and identified a studio flat in Hockley. It has just 41 year lease..the current owner as mortgagees in possession will not want the aggravation of seeking a lease extension..what are the disadvantages of this except for the huge fee to extend the lease and decreased chance of obtaining a mortgage with Chelsea Building Society?

Ref a property in Hockley. GFF maisonette. sixety six yrs unexpired. I have negotiated a lease extension price of £14k for 115yrs. Landlord also requested Initial Notice which I think should not be required. Can you assist.

We have owned a leasehold flat for around fifteen years. It now has 68 years outstanding on the lease. Following 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 welcome advice.

My OH and I would like to know the cost of a lease extension valuation for a property based in Hockley. Is this something you can assist us with?

If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?

I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Hockley. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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