Sample questions relating to Merriott Lease Extensions

  • I bought a three bedroom ground floor purpose built maisonette based in Merriott with a leasehold unexpired of 68 years. I am curious about how much I will need to spend to extend my leasehold
  • I am about to put an offer in on a garden flat in Merriott with a lease of sixety four years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • My mortgage lender is requesting several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Merriott... I can find no reference of this in my mortgage booklet... is this a standard charge?
  • Re a leasehold in Merriott. upper maisonette. fivety nine yrs remaining. I have an agreed lease extension to £20k for 125yrs. Freeholder also insisted on Section 42 Notice which I think should not be necessary. Can you assist.
  • Me and my OH are proceeding with a purchase of a ground floor flat in Merriott. I was advised that the lease had been lengthened (67 years remaining prior to extension). The sales particulars said "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The homeowner apparently has a quote but no finances to extend and consequently the vendor wants to exchange and use the 10% deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
  • I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Merriott. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Just been over two years that I have been in my garden flat in Merriott. I have 65 years unexpired lease on the lease. I am now wanting to buy a share of freehold or a lease extension. I purchased the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Merriott based or any will do fine?
  • If somebody owns a flat with a lease of less than 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 doing it?
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the total cost excluding value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my garden flat in Merriott
  • I am planning on refinancing my three bedroom second floor purpose built maisonette in Merriott and the bank that I am looking to switch to needs at least 80 years on the leasehold of my property in order for them to progress matters. We currently have around seventy six years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Merriott