Questions and Answers: Long Stratton Lease Extensions

  • 20,000 agreed with the freeholder, just attempting to find a Long Stratton for a lease extension. Our lease has around sixety eight yrsremaining. Are you willing to help us with this situation ?
  • I'm wanting to make an offer on a house in Long Stratton 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 National Westminster Bank giving us the mortgage now?
  • We are looking to extend our lease having owned the flat for 2 years as of 21st March 2015. It has about 71 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • I am the owner of a purpose-built flat in a large development in Long Stratton. The leasehold interest in the apartment on a ninety five year lease started from 2nd August 1970 with a set yearly rent of 45. I wish to obtain a lease extension. Can I call someone to discuss my options please?
  • I an interested in finding out more about leasehold property buying. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Long Stratton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I am the freeholder of a Georgian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety seven years. What are my next steps?
  • I'm living at mum and dad but have a one bed flat in Long Stratton let out which has a 76 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 Stratton 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?
  • Just been over two years that I have owned my one bedroom apartment in Long Stratton. I have 79 yrs left on the lease. I am now wanting to buy a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Long Stratton based or any will do fine?
  • My brother and I are in the throws of buying a property (a one bed flat located inLong Stratton with share of freehold). During our search, we were always looking at flats that had at least eighty five years left. We came across a flat we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. This morning our told us the lease only has 69 years and therefore needs a lease extension. Should we run away, or do we reduce our offer?
  • I am planning on refinancing my maisonette in Long Stratton and the bank that I am looking to move to needs at least 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around fivety five years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process

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