FAQs concerning Lincoln Lease Extensions

  • My name´s Leo. I’m property hunting in Lincoln I'm deliberating offering on a one bedroom apartment online, with slightly less fivety eight years unexpired lease, how much will it likely cost to extend in this area by, say, fifty years?
  • I purchased a flat in Lincoln with a leasehold unexpired approximately sixety four years and need a lease extension. Please can you clarify the next stages
  • Do you only advise on lease extensions in Lincoln? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a .
  • I am looking for a in Lincoln and they should be on the Skipton Building Society approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend a ?
  • I plan on buying a flat in Lincoln. My offer is conditional upon a lease extension. The owner’s has given to the freeholder 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 Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am about to view a two bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has fivety six years remaining on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
  • We have owned a leasehold flat for about eighteen years. It now has 73 years left on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • I am planning on remortgaging my maisonette in Lincoln and the mortgage company that I am looking to switch to needs at least 80 years remaining on the lease in order for them to take the mortgage forward. We currently have around 58 years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • I have seventy two years remaining on my lease of a ground floor flat in Lincoln, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Lincoln