FAQs concerning Manselton Lease Extensions

  • I'm wanting to make an offer on a house in Manselton but I'm concerned 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 Platform Home Loans Ltd giving us the mortgage now?
  • I am looking for a in Manselton and they need to be on the TSB approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Manselton, and my lease will reach 64 years this February. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I am going to purchase a flat based in Manselton. The offer is conditional upon a lease extension. The seller’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Nationwide Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • The terms for the lease on my apartment in Manselton are 95 years from 12 Jan 1980. Please supply me me a quote to extend the lease if I give you more details please?
  • I have my suspicions that my niece is being hoodwinked. She put in an offer on a garden flat in Manselton, where the lease is roughly fivety eight years but she was advised by the estate agents that the owner had extended it to 99 years. She has now been informed the homeowner was holding off for her to instruct conveyancers ahead of instigating the lease extension. Seems devious, also it will take a while to sort it all out. Am I reading too much into it?
  • I'm living at mother and father but have a garden flat in Manselton 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 Manselton 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?
  • Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Manselton for a two bed flat - section 42 having been issued?
  • My and my partner know that others in the same building previously had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you suggest this course of action?
  • We have a studio flat in Manselton with a lease of sixety three years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?

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