FAQs concerning Milton Lease Extensions

  • I'm planning to make an offer on a house in Milton but I'm concerned 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 The Royal Bank of Scotland giving us the mortgage now?
  • I have a lease of fivety four years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I am about to put an offer in on a three bedroom ground floor purpose built flat in Milton with a lease of seventy two 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 own a maisonnette and the freehold. My upstairs neighbours have asked to extend the lease what do I need to do?
  • I plan on buying a flat located in Milton. My offer is subject to the lease extension. The homeowner’s has served 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 HSBC Bank. Moreover, which are the following lease extension steps to complete the purchase?
  • Is it possible to talk with you about a flat in Milton, I am considering buying at auction in the next few days. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.
  • I am a freeholder of a block of flats in Milton, and the leaseholders are in the process of being issued lease extensions. I anticipate receiving funds next month. As I am not on self assessment do I contact the Inland Revenue ?
  • I am thinking about purchasing an auction property and came upon a one bed flat in Milton. It has just 49 year lease..the current owner as mortgagees in possession will not want to mess around with seeking a lease extension..what are the drawbacks of this other than the costly fee to extend the lease and decreased chance of getting a mortgage with HSBC Bank?
  • I have a share of the freehold. There are four apartments in the house. All the leaseholders are now requiring lease extensions. What's your solicitors fee?
  • We have owned a leasehold flat for approximately fifteen years. There are sixety one years remaining on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate some independent thoughts.
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Milton