Frequently asked questions relating to Market Rasen Lease Extensions

  • I invested in buying a property in Market Rasen and it has slightly less than 74 years unexpired. I'd like to arrange a lease extension by twenty years
  • I have got a leasehold flat in the Market Rasen area and was wondering whether I could get a lease extension. What are your processes and fees. Has 63 years residual lease term
  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 928 years unexpired so a lease extension is not an issue. 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 true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any advice would be much appreciated.
  • Hello. I need someone to have a look at my lease extension prior to it being signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor amendments.
  • The terms for the lease on my flat in Market Rasen are 95 years from 14 Dec 1980. Can you give me a quote for a lease extension if I give you more specifics please?
  • Is it possible to talk with you about a flat in Market Rasen, I am thinking of buying at auction in the next few days. The flat only has a few years outstanding and I was wondering about how much it would cost to get a lease extension and for your services.
  • I'm looking for an apartment to buy in Market Rasen and I'm not really familiar with the leasehold concept. I've found a maisonette I like with a 90 years lease. I've read that I can apply for a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with the mortgage?
  • I am looking at bidding for an auction property and identified a studio flat in Market Rasen. It only has a 48 year lease..the vendor being mortgagees in possession will not want the aggravation of seeking a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and decreased chance of obtaining a mortgage with TSB?
  • My property lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I do not need a lease extension but I do require a vesting order on a property I want to acquire in Market Rasen. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the garden area.
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    Lease Extensions in Market Rasen

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