Marchington Lease Extensions

Sample questions relating to Marchington Lease Extensions

We are thinking about a lease extension for our garden flat based in Marchington and we don't fully comprehend the letter that we received from our freehold company. How long will it take?

I agreed with the landlord for a lease extension on our flat in Marchington, 9.5k for an extension by 90yrs. Can you please guide us with this situation ?

I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 58 years unexpired.

I plan on buying a flat located in Marchington. The offer is subject to the lease extension. The current owner’s has served 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 Lloyds TSB Bank. Moreover, which are the following lease extension steps to complete the purchase?

We are in a block of five flats in Marchington and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

I need to talk to you about an apartment in Marchington, I am considering buying at auction next week. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.

Me and my partner are considering buying a ground floor flat in Marchington which is a leasehold. I am wondering what are the pros and cons of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?

Offer accepted on a a garden flat in Marchington, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.We are soon to exchange contracts in a couple of days. My query is how is possible that the estate agent got it so wrong?

I am looking for advice as I am interested in a property that has only a 77 year lease and therefore requires a lease extension. Is it possible for me to talk with someone to go through my options please?

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 extending the lease?

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