Lease Extensions in Northop

Northop Lease Extensions: Q and A’s

My partner and I have just completed on a three bedroom second floor purpose built maisonette inNorthop and I'm considering extending the lease as soon as possible e.g. in a couple of years

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 fivety six years unexpired.

Hello. I need someone to review my lease extension ahead of it being formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few small changes.

I plan on buying a flat located in Northop. My offer is subject to the lease extension. The flat 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 Barclays Direct. Moreover, which are the following lease extension steps to complete the purchase?

I'm planning on buying a studio flat (leasehold) but the freeholder has been missing for around 15yrs. My question is would it be cheaper to try to buy the freehold or to extend lease and apply for right to manage?

My mortgage provider requires a £450 fee for their for a "deed of substituted security" for the lease extension for my flat in Northop... I am unable to find any reference of this in my mortgage guide... is this a standard charge?

We had entered into buying a maisonette in Northop. I was advised by the EA that the lease extension had already been completed while on a viewing (seventy years left prior to extension). The description on the listing said "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The seller apparently has a quote but no finances to extend as a result the flat owner wishes to exchange and use the my deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that Nationwide Building Society won't lend on a lease?

I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

I intend to buy a one bed flat in Northop for asking price of 145k, which has fivety four years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

I have a leasehold property in Northop with 55 years left on the lease. I need a to help me get a lease extension. Can you help?

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