Recently asked questions relating to Newton Ferrers Lease Extensions

  • I am looking for lease extension for our flat in Newton Ferrers and we don't fully understand the communication that we got from our landlord company. Can you please help us with this situation?
  • I own a leasehold flat in the Newton Ferrers area and was wondering whether I could get a lease extension. What are your processes and fees. Has 55 years residual lease term
  • I'm wanting to make an offer on a house in Newton Ferrers 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 HSBC Bank giving us the mortgage now?
  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 798 years outstanding so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.
  • My wife and I have a ground floor flat in Newton Ferrers with 54 years unexpired. Last year we were quoted a deal to grant a lease extension for a further fifty years but also increase ground rent from notional to £200 per year..plus a premium I think of about 14k. Finally we have decided to move forward but do we now have to renegotiate?
  • I own a share of the freehold. There are four apartments in the house. All the leaseholders are now seeking lease extensions. How long will take to get a lease extension?
  • I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Newton Ferrers. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • My wife and I are concerned about seeking a lease extension from an objectionable freeholder. Notwithstanding that the legal procedures were adhered to under the appropriate legislation, the freeholder still attempted to charge ground rent of £250 doubling every twenty five years of the new term. Can you help?
  • My wife and I are aware that others in the same block previously had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on previous premiums paid . This would save on double valuation fees. Would you suggest such a course of action?
  • I am planning on remortgaging my studio flat in Newton Ferrers and the mortgage company that I am looking to switch to requires a minimum 80 years on the leasehold of my property in order for them to progress matters. We currently have around 55 years on the leasehold so require some help, guidance, and some quotes to set the wheels in motion for a lease extension

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