Recently asked questions relating to Midsomer Norton Lease Extensions

  • 35k agreed with the landlord, just trying to find a Midsomer Norton for a lease extension. Our flat has approximately 74 yearsremaining. How long will this take ?
  • I’m just looking for a a property to purchase in the Midsomer Norton area and was interested in finding out what the likely fees would be to extend a lease? It has 62 years remaining...
  • I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leasehold owners want a lease extension and I'm wondering about the procedure for this
  • I purchased a ground floor flat in Midsomer Norton. The start date for the lease was in 1991 for 99 years. Now I am looking for a lease extension. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am going to purchase a flat based in Midsomer Norton. My offer is conditional upon a lease extension. The seller’s has given to the freeholder the Notice of Claim. 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 Alliance & Leicester . Moreover, which are the following lease extension steps to complete the purchase?
  • My neighbours and I are in a block made up five flats in Midsomer Norton and have been offered to buy the freehold for 8k 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 am seeking advice as I am interested in a property that has only a sixety year lease and therefore requires a lease extension. Can I call someone to go through my options please?
  • I an interested in finding out more about purchasing a leasehold residence. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Midsomer Norton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • We are purchasing a ground floor flat in Midsomer Norton which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of extending the lease. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our to do OS1 search on the property title. The concern 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 lease title number is not known. Is it correct that we must be patient pending registration of the new lease?
  • Me and my husband are hoping to buy a home (a studio flat based inMidsomer Norton with share of freehold). Throughout our search, we were always looking at properties that had a minimum ninety years left. We came across a place we fell in love with and the estate agent promised us that the lease was long albeit not specifying a number. Yesterday our told us the lease only has sixety two years and therefore needs a lease extension. Should we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

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