Lease Extensions in Horsford

Sample questions relating to Horsford Lease Extensions

I agreed with the landlord to a lease extension on our flat in Horsford, 11.5k for a further 90yrs. How long is the process ?

My wife has a flat located in Horsford which we are about to put on the market. The leasehold has nearon 68 years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.

I am about to view a two bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 70 years unexpired on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?

Offer accepted on a a studio flat in Horsford, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 85 years.We are about to exchange contracts in a couple of days. My question is Should I tell the current owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?

I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?

I would like some advice on purchasing a leasehold residence. We hope to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Horsford area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?

My nephew has a share of freehold, with two other leaseholders in a building in Horsford. House divided into three flats. He has a lease, which has around 68 years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?

If somebody 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 extending the lease?

Are you able to provide an estimate to extend my aunt’s lease on a three bed flat in Horsford. She already has a price from the landlord for a lease extension but I am unclear whether it is too expensive.

I am planning on refinancing my maisonette in Horsford and the mortgage company that I am looking to switch to needs at least 80 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around sixety seven years on the leasehold so require some advice, guidance, and some quotes to set the wheels in motion for a lease extension

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