Recently asked questions relating to Ouston Lease Extensions

  • Hello, I just randomly found your website. I'm seeking prices on what a lease extension will cost for a three bed apartment located in Ouston. It's up for sale at the moment but has nearly sixety two years unexpired lease on the lease
  • We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 899 years balance left 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 true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any guidance would be much appreciated.
  • I have a lease of seventy eight years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I bought a ground floor flat located in Ouston with a leasehold unexpired of 63 years. I am curious about what it will cost me to extend my lease term
  • My mortgage provider is requesting a £600 fee for their conveyancers for a "deed of substituted security" for the lease extension for my flat in Ouston... I can find no mention of this in my mortgage booklet... is this a normal charge?
  • We had entered into buying a garden flat in Ouston. I was assured that the lease had been lengthened (seventy two years outstanding prior to extension). The sales particulars said "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The homeowner apparently has a quote but no money to extend and consequently the vendor wants to exchange and use the deposit monies for the lease extension. My question is as the lease hasn't been extended is there not a danger that Barnsley 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 own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy nine years. I need a property lawyers at my end. Can you advise please? I live near Ouston and have a mortgage with National Westminster Bank.
  • My fiance and I would like to know the cost of a lease extension valuation for a property based in Ouston. Is this something you can assist us with?
  • I'm living with my mum and dad but have a garden flat in Ouston let out which has a 75 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 Ouston 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?
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    Lease Extensions in Ouston

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