Papworth Everard Lease Extensions: Q and A’s

  • Hello, I just randomly found your website. I'm seeking prices on what it cost to extend a lease of a studio flat located in Papworth Everard. It's up for sale at the moment but has nearon fivety five years left on the lease
  • I'm about to make an offer on a house in Papworth Everard but I'm concerned 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 Chelsea Building Society giving us the mortgage now?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Papworth Everard, and my lease will reach fivety seven years this November. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I am concerned that my niece is being hoodwinked. She put in an offer on a studio flat in Papworth Everard, where the lease is approximately 79 years but she was advised by the selling agents that the flat owner had extended it to 125 years. She has now been told the seller was holding off for her to retain solicitors ahead of instigating the lease extension. Sounds underhand, also it will take time to sort it all out. Am I being too sceptical?
  • My mortgage lender requires a £500 fee for their for a "deed of substituted security" for the lease extension for my flat in Papworth Everard... I can find no reference of this in my mortgage contract... is this a standard fee to pay?
  • I am looking to buy a one bed flat in Papworth Everard for asking price of 145k, which has seventy nine 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?
  • My nephew has a share of freehold, with two other leaseholders in a building in Papworth Everard. House converted into three flats. He has a lease, which has nearon seventy five yrs remaining. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Papworth Everard. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Coming up to 2 years that I have owned my garden flat in Papworth Everard. I have sixety four years outstanding on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my studio flat in Papworth Everard

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