Common questions relating to North Baddesley Lease Extensions

  • I just completed on a property in North Baddesley and it has around sixety nine years balance left. I'd like to extend the lease period
  • I need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has fivety six years outstanding
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 69 years balance left.
  • I have a lease of 75 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 going to purchase a flat located in North Baddesley. My offer is subject to the lease extension. The seller’s has served the Notice of Claim. 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 The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?
  • Offer accepted on a a garden flat in North Baddesley, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.Contracts were due to be exchanged within a week. My question is Is it not odd that my didn't spot this far earlier than just before exchange?
  • I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in North Baddesley. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • It says on your website the anticipated fee to extend a lease is £495. Is that the total cost excluding vat and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my ground floor flat in North Baddesley
  • My wife and I are aware that others in the same building previously had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on on the prices by others . This would save on double valuation fees. Would you recommend such a course of action?

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