Common questions relating to Markfield Lease Extensions

  • My name´s Eli. I’m house hunting in Markfield I'm seeing a three bedroom second floor purpose built maisonette online, with circa 62 years outstanding, how much does it cost on average to get a lease extension by, say, twenty years?
  • I'm planning to make an offer on a house in Markfield but I'm a little worried 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 Barnsley Building Society giving us the mortgage now?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 79 years unexpired.
  • The intention is to sell our one bed flat in Markfield but we may require a lease extension, or possibly cover the costs of our buyers. Are you able to suggest a conveyancing practitioners to help us?
  • My co-lessees and I are in a building of four flats in Markfield and have been offered to buy the freehold for £6000 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 bought a garden flat in Markfield. I am looking to extend lease on the property. It is approaching eighty years. I would just like to know what your charges are and how long it would take for completion.
  • I am considering purchasing an auction property and came upon a studio flat in Markfield. It has just 41 year lease..the vendor being mortgagees in possession dont want to mess around with seeking a lease extension..what are the disadvantages of this except for the huge fee to extend the lease and reduced chance of obtaining a mortgage with Yorkshire Building Society?
  • My apartment in Markfield is up for sale and I have a hopefully firm offer. There is 79 years remaining on the lease and I want to extend the lease. What will it likely cost to get a lease extension by, say,fifty years
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 73 years. I need a property lawyers at my end. Can you advise please? I live near Markfield and have a mortgage with Lloyds TSB Bank.
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    Lease Extensions in Markfield

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