Locksbottom Lease Extensions

Locksbottom Lease Extensions: Q and A’s

Hi, I am looking somewhere around or in Locksbottom 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?

I'm wanting to make an offer on a house in Locksbottom 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 Norwich and Peterborough Building Society giving us the mortgage now?

I have a lease of seventy nine years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I am about to put an offer in on a garden flat in Locksbottom with a lease of sixety nine years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.

I would like to have my residential flat leasehold extension premium assessed. The flat is in Locksbottom, and my lease will reach sixety three years this October. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?

I have a leasehold flat in Locksbottom. I have built a large extension and have not informed my freeholder. What should I do?

I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a ground floor flat in Locksbottom, where the lease is around seventy two years but she was advised by the estate agents that the flat owner had extended it to 125 years. She has now been told the homeowner was holding off for her to appoint solicitors before commencing with the lease extension. Seems underhand, also it could take time to sort it all out. Am I reading too much into it?

I am looking to buy a one bed flat in Locksbottom for asking price of 145k, which has 73 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

Me and my fiance have been in discussion with our freeholder after having a valuation on our one bed flat in Locksbottom. We have a 69 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she 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 to handle this for us. Can you please provide me what your costs would be to act on our behalf.

I am currently negotiating a lease extension for my flat in Locksbottom as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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