Recently asked questions relating to Market Deeping Lease Extensions

  • I'm intending to make an offer on a house in Market Deeping 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 HSBC Bank giving us the mortgage now?
  • Hi. I need someone to have a look at my lease extension ahead of it being formalised just to make sure there's nothing that I haven't seen - it's just a reissue with a few minor changes.
  • I acquired a garden flat in Market Deeping with a leasehold unexpired of sixety five years. I am curious about how much it will cost me to extend my leasehold
  • We inherited a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Market Deeping and looking to do a vesting order. Is this something you can help us with?
  • I am a FTB of a leasehold flat in Market Deeping. The lease has only 78 years remaining and ground rent is £75. Is it possible for the homeowner to serve the Section 42 Notice and then transfer this right to me as the purchaser on the day of completion so that I don't have to wait 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 may be possible but will it be very time costly to the current owner? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.
  • I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Market Deeping. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Me and my wife have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Market Deeping. We have a 68 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • We currently own a ground floor flat in Market Deeping and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety seven years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Market Deeping as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I have a lease of 62 years remaining on my flat in Market Deeping. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Market Deeping

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