Kirkby In Furness Lease Extensions

Kirkby In Furness Lease Extensions: Q and A’s

I invested in buying a property in Kirkby In Furness and it has around seventy four years residual lease term. I'd like to extend the lease period

I'm wanting to make an offer on a house in Kirkby In Furness 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 Bank of Ireland giving us the mortgage now?

My mortgage provider requires a £600 fee for their conveyancing practitioners for a "deed of substituted security" for the lease extension for my flat in Kirkby In Furness... I am unable to find any reference of this in my mortgage booklet... is this a normal charge?

I am thinking about bidding for an auction property and came upon a two bed flat in Kirkby In Furness. It has just 48 year lease..the seller being mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and decreased chance of obtaining a mortgage with Britannia?

Me and my fiance have been in discussion with our freeholder after having a valuation on our studio flat in Kirkby In Furness. We have a 74 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a solicitors to handle this for us. Can you please provide me what your costs would be to act on the lease extension.

I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Kirkby In Furness. I reside in the top flat. I was looking at the land registry documents recently when I noticed that my flat is leasehold. There is seventy nine years left on the lease. If I want to do a lease extension then would I just be paying for the conveyancing practitioners fees?

My and my fiance are worried about seeking a lease extension from a difficult freeholder. Notwithstanding that the correct procedures were adhered to under the 1993 Act, the landlord still attempted to charge ground rent of £250 doubling every 25 years of the new term. Can you help?

I am currently in the process of refinancing my studio flat in Kirkby In Furness and the bank that I am looking to move to requires at least 80 years on the leasehold of my property in order for them to take the mortgage forward. I have discovered that I currently have around sixety two years on the leasehold so require some help, guidance, and some quotes to start the lease extension process

I have seventy six years remaining on my lease of a ground floor flat in Kirkby In Furness, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Kirkby In Furness

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