Frequently asked questions relating to Lunt Lease Extensions
I bought a property in Lunt and it has slightly more than seventy one years residual lease term. I'd like to arrange a lease extension by twenty years
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I bought a 2 bed flat in Lunt. The start date for the lease was in 1992 for 99 years. Now I am wanting for a lease extension. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
I am the registered owner of a 2 bed flat in Lunt. I am looking for a lease extension on the property. It is circa 80 years. I would just like to know what your charges are and how long the process takes.
I am about to view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 59 years left on the lease. It is also a repossession so I'm assuming that the lender will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
I am planning to extend the lease on my studio flat in Lunt I am looking for a local company to calculate 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 mother and father but have a garden flat in Lunt let out which has a 62 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 Lunt 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. Not sure sure whether to hold on or sell the flat?
I am currently in the process of remortgaging my studio flat in Lunt and the mortgage company that I am looking to switch to needs a minimum 85 years remaining on the lease in order for them to take the mortgage forward. I have discovered that I currently have around 56 years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my studio flat in Lunt