FAQs concerning Lakenheath Lease Extensions

  • My OH agreed with the freeholder to a lease extension on our flat based in Lakenheath, 8.5k for an extension by 90yrs. How long will it take ?
  • Hi, I just randomly found your website. I'm seeking prices on what a lease extension will cost for a three bedroom ground floor purpose built maisonette located in Lakenheath. It's on sale at the moment but has around 73 years left on the lease
  • I just completed on a property in Lakenheath and it has about seventy three years remaining. I'd like to arrange a lease extension by twenty years
  • We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 798 years outstanding so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any help would be much appreciated.
  • Hello. I need someone to review my lease extension before it's completed just to ensure there's nothing that I haven't seen - it's just a reissue with a few small variations.
  • I plan on buying a flat located in Lakenheath. My offer is subject to the lease extension. The seller’s has served the Notice of Claim. 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 Nationwide Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I will soon view a one bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 70 years unexpired on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • Hi I own the freehold interest in a one bedroom flat in Lakenheath. The leaseholder has a 62 year lease and would like to purchase another 90 years. She is offering me £27,000 but I am unsure if this is in the right ballpark
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Lakenheath
  • I have a lease of seventy four years remaining on my flat in Lakenheath. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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