Top Ten Questions relating to Lymington Lease Extensions

  • I have just acquired a 2 bed apartment based inLymington and I'm considering a lease extension as soon as I can e.g. after a couple of years
  • I'm wanting to make an offer on a house in Lymington 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 have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 798 years residual lease term so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any guidance would be much appreciated.
  • I invested in buying a three bed flat located in Lymington with a leasehold unexpired of 79 years. I am curious about what I will need to spend to extend my leasehold
  • We are selling our one bedroom apartment in Lymington but we may need a lease extension, or possibly cover the expense of our purchaser. Can you help me find a to handle this?
  • I'm considering purchasing a one bed flat (leasehold) but the freeholder has been absent for about 15yrs. I wonder whether it will be cheaper to try to acquire the reversionary title or to get a lease extension and apply for RTM?
  • I purchased a studio flat in Lymington. I am looking for a lease extension on the property. It is nearon 80 years. I would just like to know what your charges are and how long the process takes.
  • I'm looking for an apartment to buy in Lymington and I'm not really familiar with the leasehold title. I've identified a garden flat I like with a 90 years lease. I've read that I can apply for a lease extension after a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • I'm living with my parents but have a three bedroom ground floor purpose built maisonette in Lymington let out which has a fivety eight 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 Lymington 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 21k. Should I keep or sell the flat?
  • I'm looking for some advice with regard to a lease extension on my flat. The plan is to do this sometime next year as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. You are able to recommend a good with expertise in lease extensions. Ideally someone in Lymington area?

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