Top Ten Questions relating to Midsomer Norton Lease Extensions

  • I bought a flat in Midsomer Norton with a leasehold unexpired nearon fivety six years and need to extend it. Please can you clarify the next stages
  • Hello, I am looking somewhere around or in Midsomer Norton 8-10 years lease remaining houses. I dont know if I am on the correct 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 71 years left
  • I will soon view a two bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has seventy eight years balance left on the lease. It is also a repo so I'm assuming that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • We are looking to extend our lease. We will have been in the place for 2 years as of 1st March 2015. It has roughly seventy one years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.
  • Offer accepted on a a studio flat in Midsomer Norton, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 85 years.We are about to exchange contracts in a couple of days. My query is Should I tell the vendor that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • I intend to buy a one bed flat in Midsomer Norton for asking price of 156k, which has sixety years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am the freeholder of a Georgian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 73 years. What are my next steps?
  • I'm living at mum and dad but have a garden flat in Midsomer Norton let out which has a seventy two 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 Midsomer Norton 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. Not sure sure whether to hold on or sell the flat?
  • I'm looking at buying an apartment in Midsomer Norton at a price of £195,000 the flat has just under seventy two years unexpired on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in June, expecting I'd have completed by Christmas. They have just come back saying they'll knock £5k off if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
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    Lease Extensions in Midsomer Norton

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