Old St Mellons Lease Extensions: Q and A’s

  • I'm planning to make an offer on a house in Old St Mellons 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 Barnsley Building Society giving us the mortgage now?
  • I am the owner of a maisonnette together with the freehold reversion. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • I acquired a studio flat in Old St Mellons. The start date for the lease was in 1998 for 99 years. Now I am wanting for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • Think I may have made an error, I am seeking a in Old St Mellons who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
  • I'm looking for a flat to purchase in Old St Mellons and I'm not really familiar with the leasehold tenure. I've found a three bedroom first floor purpose built flat I like with a 87 years lease. I've read that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with the mortgage?
  • I have my suspicions that my daughter might have had the wool pulled over her eyes. She submitted an offer on a garden flat in Old St Mellons, where the lease is just over sixety six years but she was told by the selling agents that the owner had extended it to 125 years. Only now has she been told the homeowner was holding off for her to appoint solicitors ahead of instigating the lease extension. Sounds devious, also it may take time to sort it all out. Am I reading too much into it?
  • Offer accepted on a a maisonette in Old St Mellons, 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 eighty years.We are about to exchange contracts in a couple of days. My query is Should I tell the vendor that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • My husband and I would like to know the cost of a lease extension valuation for a property based in Old St Mellons. Is this something you can help us with?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Old St Mellons for a three bed flat - sec 42 having been issued?
  • My OH and I are hoping to buy a home (a one bedroom apartment located inOld St Mellons with share of freehold). Throughout our search, we were always looking at apartments that had at least eighty five years left on the lease. We identified a flat we liked and the selling agent assured that the lease term was not an issue. Yesterday our advised us the lease only has seventy years and thus requires a lease extension. Should we run away, or should we reduce our offer?

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