Sample questions relating to Mablethorpe Lease Extensions

  • My wife and I have just completed on a garden flat inMablethorpe and I'm considering a lease extension as soon as possible e.g. after a couple of years
  • I am about to put an offer in on a three bedroom ground floor purpose built maisonette in Mablethorpe with a lease of seventy six years but unsure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • We are selling our three bedroom ground floor purpose built maisonette in Mablethorpe but we may require a lease extension, or at least cover the expense of our purchaser. Are you able to suggest a conveyancing practitioners to assist?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Mablethorpe and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Yorkshire Building Society to free up equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease started in 1991 and since then the ground rent has increased from £15.00 per year to £300 per year.
  • I'm looking for an apartment to purchase in Mablethorpe and I'm not really familiar with the leasehold title. I've found a three bed flat I like with a 90 years lease. My research reveals that I can get a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with the mortgage?
  • I am a first time buyer of a leasehold flat in Mablethorpe. The lease has only 72 years unexpired and ground rent is £50. Is it possible for the vendor to serve the Notice of Claim and then transfer this right to me as the buyer once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the homeowner? To add to the complexity the freeholder is absent, so I am not sure how does it work.
  • I am the owner of a purpose-built flat located in a large development in Mablethorpe. The leasehold interest in the flat on a 101 year lease started from 21st August 1970 with a set ground rent of £10 per annum. I wish to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Mablethorpe. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the rear garden.
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • Hi I am the freeholder reversion in a 2 bedroom flat in Mablethorpe. The leaseholder has a 56 year lease and would like to purchase an additional 125 years. She is offering me £21,000 but I am not sure if this is in the right ballpark
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    Lease Extensions in Mablethorpe

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