Examples of recent questions relating to Lease Extensions in Long Hanborough

  • I’m about to offer on a one bedroom apartment to purchase in the Long Hanborough area and was wondering what the likely fees would be to extend a lease? It has 65 years left...
  • Hello, I stumbled across this website. I'm seeking prices on what it cost to extend a lease of a three bedroom ground floor purpose built flat located in Long Hanborough. It's on sale at the moment but has just under 72 years of unexpired leasehold
  • I am a FTB of a leasehold flat in Long Hanborough. The lease has just 58 years left and ground rent is £50. Is it possible for the current owner to serve the Section 42 Notice and then assign this right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the seller? Unfortunately it’s the case of an missing landlord, so I am not sure how this will play out.
  • My mortgage lender requires several hundred pounds for their to approve the lease extension deed for my flat in Long Hanborough... I can find no mention of this in my mortgage contract... is this a usual cost that they charge?
  • I am looking to extend the lease on my one bed flat in Long Hanborough I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I'm living with my mum and dad but have a maisonette in Long Hanborough let out which has a seventy nine 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 Long Hanborough 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 19k. Should I keep or sell the flat?
  • Hi I own the freehold reversion in a 3 bedroom flat in Long Hanborough. The leaseholder has a 76 year lease and would like to purchase an additional 90 years. He is offering me £21,000 but I am not sure if this is too low an offer
  • We are in the throws of buying a property (a maisonette based inLong Hanborough with share of freehold). Throughout our search, we were always looking at properties that had at least 83 years residual lease term. We found a apartment we fell in love with and the estate agent promised us that the lease term was not an issue. Yesterday our told us the lease only has 55 years and thus requires a lease extension. Do we walk away, or should we reduce our offer?
  • I am the freeholder of a property in Long Hanborough where the leaseholder would like a lease extension. Her so called valuation expert has given a figure of £8,000, but has upped this by £2,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • I am currently negotiating a lease extension for my flat in Long Hanborough 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?

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