Frequently asked questions relating to Martlesham Heath Lease Extensions

  • 35k agreed with the landlord’s agents, just seeking to find a Martlesham Heath for a lease extension. Our lease has slightly more 56 yrsremaining. Can you please help us with this situation ?
  • I’m just looking for a a property to buy in the Martlesham Heath area and was wondering what the likely fees would be for a lease extension? It has 59 years unexpired...
  • Hi, I am looking somewhere around or in Martlesham Heath 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • I need to extend my current lease can you help me with that? I think it has 60 years outstanding
  • I am looking to buy a garden flat in Martlesham Heath with a lease of 70 years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I plan on buying a flat in Martlesham Heath. My offer is conditional upon a lease extension. The vendor’s has given to the freeholder the Section 42 Notice. 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 Coventry Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I'm living with my parents but have a maisonette in Martlesham Heath let out which has a seventy three 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 Martlesham Heath 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 21k. Should I keep or sell the flat?
  • My husband and I are purchasing a one bed flat in Martlesham Heath which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to be patient until the lease extension has actually been registered before completing.?
  • We currently own a ground floor flat in Martlesham Heath 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 74 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? Should I contact the landlord first and will they be able to give me a cost?

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