FAQs concerning Kingsnorth Lease Extensions

  • My name´s Teddy. I’m house hunting in Kingsnorth I'm deliberating offering on a two bedroom first floor purpose built flat online, with around 66 years unexpired lease, how much does it cost on average to get a lease extension by, say, thirty years?
  • I am looking at investing in a second home but it has a lease that expires in fifteen years. Its in Kingsnorth - I wanted to see if with your services it is possible for this to be extended?
  • I want to buy a leasehold property and lease extension. The current owner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has sixety one years outstanding.
  • I am going to purchase a flat located in Kingsnorth. The 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 Lloyds TSB Bank. Moreover, which are the following lease extension steps to complete the purchase?
  • I'm planning on buying a one bedroom ground floor purpose built flat (leasehold) but the freeholder has been absent for around 15yrs. My query is would it be less expensive to try to acquire the reversionary title or to get a lease extension and apply for right to manage?
  • Is it possible to talk with you about a leasehold property in Kingsnorth, I am considering buying at auction next month. The flat only has a few years unexpired lease and I am curious about how much it would cost to get a lease extension and for your services.
  • My mortgage lender requires a £500 fee for their to approve the lease extension deed for my flat in Kingsnorth... I can find no mention of this in my mortgage contract... is this a normal charge?
  • My wife and I are considering buying a one bedroom second floor purpose built maisonette in Kingsnorth which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and block me from extending the lease?
  • Do you handle lease extensions on land? (a plot of land in Kingsnorth with 82yrs remaining)

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