FAQs concerning Newton Longville Lease Extensions

  • We have seen a house for sale for £215k and we are very interested but we've just found out that it is leasehold. There are 798 years residual lease term so a lease extension is not a worry. 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 25 years without owning the property. Any help would be much appreciated.
  • We hope to sell our ground floor flat in Newton Longville but we may require a lease extension, or possibly cover the expense of our purchaser. Can you suggest a lawyers to undertake the legal formalities?
  • We bought a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Newton Longville and looking to do a vesting order. Is this something you can handle for us?
  • I am a FTB of a leasehold flat in Newton Longville. The lease has just seventy three years outstanding and ground rent is £75. Is it possible for the flat owner to serve the Notice of Claim and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the homeowner? Unfortunately the landlord can not be found, so I am not sure how this will play out.
  • How much will I need to spend and what is the best way to start the lease extension process? I have slightly less than 78 years outstanding on my lease on a three bedroom ground floor purpose built flat in Newton Longville. I have contacted the agent who act on behalf of the landlord and they gave me the number of the surveyor. I have contacted the surveyor but I am not receiving any returned calls.
  • I am the freeholder of a Georgian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy seven years. What are my next steps?
  • We would like to know the cost of a lease extension valuation for a property based in Newton Longville. Is this something you can help us with?
  • I'm living with my mother and father but have a ground floor flat in Newton Longville let out which has a sixety two year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Newton Longville for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
  • Coming up to two years that I have been in my two bedroom second floor purpose built maisonette in Newton Longville. I have sixety years unexpired lease on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my three bed flat in Newton Longville
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    Lease Extensions in Newton Longville

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