Milnthorpe Lease Extensions: Q and A’s

  • Hello, I am looking somewhere around or in Milnthorpe 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'm planning to make an offer on a house in Milnthorpe 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 Platform Home Loans Ltd giving us the mortgage now?
  • I'm planning on buying a studio flat (leasehold) but the freeholder has been absent for approximately 15yrs. I wonder whether it will be cheaper to try to buy the freehold or to extend lease and apply for RTM?
  • We acquired a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Milnthorpe and looking to do a vesting order. Is this something you can do for us?
  • Re a property in Milnthorpe. lower maisonette. seventy nine yrs remaining. I have negotiated a lease extension price of £14k for 125yrs. Freeholder also requested Notice of Claim which I think should not be necessary. Can you assist.
  • My son has a share of freehold, with two other leaseholders in a building in Milnthorpe. House divided into three flats. He has a lease, which has nearon 62 years remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy two years. I need a conveyancers at my end. Can you advise please? I live near Milnthorpe and have a mortgage with Platform Home Loans Ltd.
  • We are hoping to buy a flat (a garden flat based inMilnthorpe with share of freehold). Throughout our search, we were always looking at properties that had at least 84 years remaining. We identified a apartment we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Today our conveyancing practitioners advised us the lease only has fivety eight years and therefore needs a lease extension. Do we run 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?
  • I am currently in the process of refinancing my one bedroom apartment in Milnthorpe and the bank that I am looking to switch to requires a minimum 85 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around sixety three years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • I have a lease of 54 years remaining on my flat in Milnthorpe. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Milnthorpe

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