Examples of recent questions relating to Lease Extensions in Old Swan

  • I have just purchased a three bedroom ground floor purpose built maisonette located inOld Swan and I'm thinking about extending the lease as soon as practicable e.g. after 24 months of ownership
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 58 years unexpired.
  • I plan on buying a flat based in Old Swan. The offer is conditional upon a lease extension. The current owner’s has given to the freeholder 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 The Royal Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?
  • The intention is to sell our maisonette in Old Swan but we may need a lease extension, or possibly cover the costs of our buyers. Can you help me find someone to help us?
  • I purchased a three bed flat in Old Swan. I am looking for a lease extension on the property. It is slightly more than 80 years. I would just like to know what your charges are and how long the process takes.
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Old Swan and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Norwich and Peterborough Building Society to free up equity. The adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease began in 1991 and since then the ground rent has increased from £25.00 per annum to £300 per year.
  • I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety four years. I need a at my end. Can you advise please? I live near Old Swan and have a mortgage with Chelsea Building Society.
  • We currently own a three bedroom first floor purpose built flat in Old Swan and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 69 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • I have seventy nine years remaining on my lease of a ground floor flat in Old Swan, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • I'm looking for some advice with regard to a lease extension on my garden flat in Old Swan. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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