Lakenheath Lease Extensions: Q and A’s

  • Hello, I just randomly found this site. I'm looking for prices on what it cost to extend a lease of a a property in Lakenheath. It's up for sale at the moment but has nearon 66 years unexpired lease on the lease
  • I'm wanting to make an offer on a house in Lakenheath but I'm a little worried 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 Barclays Direct giving us the mortgage now?
  • I have a lease of 73 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • Hello. I need a to review my lease extension before it's completed just to make sure there's nothing that I haven't seen - it's just a reissue with a few small variations.
  • I am the registered owner of a 2 bed flat in Lakenheath. The lease commenced in 1998 for 99 years. Now I am wanting to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I plan on buying a flat in Lakenheath. My offer is subject to the lease extension. The 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 Skipton Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am considering acquiring an auction property and found a two bed flat in Lakenheath. It only has a 48 year lease..the vendor being mortgagees in possession dont want the aggravation of negotiating a lease extension..what are the disadvantages of this other than the huge fee to extend the lease and reduced chance of getting a mortgage with Barclays ?
  • My husband and I have a leasehold flat in Lakenheath with 61 years to run. Last year we were quoted a deal to grant a lease extension for another thirty years but also uplift the ground rent from nominal to £250 per year..plus a premium I think of about 14k. We have now decided to proceed but do we now have to renegotiate?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Lakenheath
  • I'm looking for some advice with regard to a lease extension on my maisonette in Lakenheath. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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