Recently asked questions relating to Hope Lease Extensions
My name´s Jason. I’m property hunting in Hope I'm seeing a ground floor flat online, with slightly more 78 years unexpired lease, how much does it cost on average to extend in this area by, say, 25 years?
I'm wanting to make an offer on a house in Hope 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 Santander giving us the mortgage now?
I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 77 years outstanding.
I own a maisonnette together with the freehold of both flats. The owners of the downstairs flat have asked to extend the lease what do I need to do?
I would like to have my residential flat leasehold extension premium assessed. The flat is in Hope, and my lease will reach 69 years this December. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
We have a GFF in Hope. There is 80 years remaining on the lease and we want a lease extension. What does it cost on average to extend in this location by, say,thirty years
I am the freeholder of a Edwardian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 58 years. What are my next steps?
Me and my husband would like to know the cost of a lease extension valuation for a property based in Hope. Is this something you can help us with?
We are buying a ground floor flat in Hope which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our conveyancers to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we have to be patient until the lease extension has actually been registered before completing.?
Me and my OH are in the throws of buying a home (a maisonette located inHope with share of freehold). Throughout our search, we were always looking at flats that had a minimum 83 years residual lease term. We came across a flat we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our conveyancing practitioners told us the lease only has 76 years and therefore requires 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?