FAQs concerning Keswick Lease Extensions

  • I invested in buying a property in Keswick and it has around 59 years remaining. I'd like to extend the lease period
  • I am considering investing in a holiday home but it has a lease that expires in eighteen years. Its in Keswick - I wanted to see if with your services it is possible for this to be extended?
  • I acquired a 2 bed flat located in Keswick with a leasehold unexpired of sixety two years. I am wondering about how much I will need to spend to extend my lease term
  • I am looking at bidding for an auction property and came upon a studio flat in Keswick. It has just fifty year lease..the seller being mortgagees in possession will not want to mess around with seeking a lease extension..what are the disadvantages of this except for the huge fee to extend the lease and reduced chance of getting a mortgage with Accord Mortgages Ltd?
  • Me and my OH are considering buying a studio flat in Keswick which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • My brother and I are proceeding with a purchase of a garden flat in Keswick. I was advised by the EA that the lease extension had already been completed while on a viewing (fivety four years outstanding prior to extension). The sales particulars said "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The current owner apparently has a quote but no finances to extend as a result the vendor intends to exchange and use the 10% deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
  • I intend to buy a one bed flat in Keswick for asking price of 156k, which has 67 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My dad has a share of freehold, with two other leaseholders in a building in Keswick. House converted into three flats. He has a lease, which has around 77 yrs remaining. 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?
  • I own the freehold reversion of a property in Keswick where the leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
  • We currently own a one bedroom apartment in Keswick and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 58 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
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    Lease Extensions in Keswick

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