Recently asked questions relating to Penkridge Lease Extensions

  • My partner has an apartment based in Penkridge which we are about to put on the market. The leasehold has nearon fivety seven years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • I am looking for a lease extension on the lease on my garden flat in Penkridge which will have 77 years outstanding in September. What fees are applicable?
  • I'm planning to make an offer on a house in Penkridge 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 Britannia giving us the mortgage now?
  • I want to purchase a leasehold property and extend the lease. The flat owner has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I have contacted my freeholder to extend my lease for my flat in Penkridge. His has been in contact with charges etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started August 1994.
  • Me and my husband are considering purchasing a one bedroom first floor purpose built flat in Penkridge which is a leasehold. I am wondering what are the pros and cons of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • Although I do not need a lease extension but I do need a vesting order on a property I want to acquire in Penkridge. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the garden area.
  • My fiance and I have been in discussion with our freeholder after having a valuation on our studio flat in Penkridge. We have a sixety five year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • Do you handle lease extensions on land? (a plot of land in Penkridge with 82yrs remaining)
  • I have a lease of 54 years remaining on my flat in Penkridge. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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