FAQs concerning Poringland Lease Extensions

  • I have an interest in the freehold of buildings comprising of 8 flats each. 2 of the leasehold owners want a lease extension and I'm enquiring about the procedure for this
  • I am looking at investing in a holiday home but it has a lease that expires in eighteen years. Its in Poringland - I wanted to see if with your services this could be extended?
  • I am the registered owner of a two bedroom ground floor purpose built maisonette in Poringland. I am looking to extend lease on the property. It is around 80 years. I would just like to know what your charges are and how long the process takes.
  • I will soon view a one bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has sixety seven years outstanding on the lease. It is also a repossession so I'm guessing that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • My wife and I have a GFF located in Poringland. There is 80 years unexpired on the lease and we want a lease extension. What does it cost on average to extend in this area by, say,fifty years
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my two bedroom first floor purpose built flat in Poringland
  • Me and my fiance are are hoping to complete on a ground floor flat in Poringland which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our solicitors to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must be patient until the lease extension has actually been registered before completing.?
  • I have 58 years remaining on my lease of a ground floor flat in Poringland, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • Do you handle lease extensions on land? (a plot of land in Poringland with 82yrs remaining)
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    Lease Extensions in Poringland

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