Morganstown Lease Extensions: Q and A’s

  • 35k agreed with the landlord’s agents, just attempting to find a Morganstown for a lease extension. Our flat has roughly 72 yrsunexpired lease. How long will this take ?
  • I am fairly sure that our has advised us incorrectly concerning a lease extension and I would like to know how to complain
  • I am looking at investing in a second home but it has a lease that expires in eighteen years. Its in Morganstown - I wanted to see if with your services this could be extended?
  • I'm wanting to make an offer on a house in Morganstown 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 Britannia giving us the mortgage now?
  • I acquired a 2 bed flat in Morganstown. The start date for the lease was in 1998 for 99 years. Now I am looking to extend the lease. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • I am going to purchase a flat based in Morganstown. The offer is subject to the lease extension. The owner’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 Clydesdale. Moreover, which are the following lease extension steps to complete the purchase?
  • I need to talk to you about an apartment in Morganstown, I am thinking of bidding at auction in the next few days. The flat has a short lease and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • My mortgage lender is requesting a £600 fee for their to approve the lease extension deed for my flat in Morganstown... I am unable to find any reference of this in my mortgage literature... is this a normal cost that they charge?
  • I am looking at purchasing an auction property and found a studio flat in Morganstown. It has just 49 year lease..the vendor being mortgagees in possession will not want the aggravation of applying for a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and reduced chance of obtaining a mortgage with Yorkshire Building Society?
  • We are in the throws of buying a property (a ground floor flat based inMorganstown with share of freehold). During our search, we were always looking at apartments that had at least 84 years remaining. We came across a flat we liked and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our advised us the lease only has 70 years and thus needs a lease extension. Do 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 Morganstown