Lease Extensions in Lansbury

Sample questions relating to Lansbury Lease Extensions

I’m seeking a lease extension for our ground floor flat based in Lansbury and we are confused by the letter that we received from our freehold company. How long will it take?

We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 798 years residual lease term so a lease extension is not an issue. 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 correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any suggestions would be much appreciated.

I am a landlord of a block of flats in Lansbury, and the tenants are in the process of being granted lease extensions. I should hopefully get funds next month. Are there any tax implications, the property is co-owned with my husband ?

I am looking at purchasing an auction property and came upon a one bed flat in Lansbury. It has just 50 year lease..the seller as mortgagees in possession will not want the aggravation of seeking a lease extension..what are the disadvantages of this other than the costly fee to put a new lease on it and reduced chance of getting a mortgage with TSB?

My dad has a share of freehold, with two other leaseholders in a building in Lansbury. House converted into three flats. He has a lease, which has roughly seventy two years remaining. How much would it cost for a lease extension and how many years would he need to extend by?

I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Lansbury. I would be grateful if you can give me a call when you get a chance to discuss the case.

I'm living with my mother and father but have a one bedroom second floor purpose built flat in Lansbury let out which has a 68 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Lansbury for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?

Me and my wife are purchasing a studio flat in Lansbury which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must wait until the lease extension has actually been registered before completing.?

Are you able to provide an estimate to extend my aunt’s lease on a garden flat in Lansbury. She recently got a figure from the freeholder for a lease extension but I am unclear whether it is too high.

We have a garden flat in Lansbury with a lease of seventy nine years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?

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