Raunds Lease Extensions: Q and A’s

  • My wife has an apartment located in Raunds which we are about to put on the market. The leasehold has circa 73 years remaining 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? Many thanks.
  • My co-lessees and I are in a building made up five flats in Raunds and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • The terms for the lease on my flat in Raunds are 99 years from 10 Feb 1990. Can you supply me me a quote for a lease extension if I give you more specifics please?
  • I am concerned that my daughter is being hoodwinked. She put in an offer on a 2 bed flat in Raunds, where the lease is roughly 79 years but she was advised by the estate agents that the seller had extended it to 125 years. Only now has she been told the current owner was holding off for her to retain lawyers ahead of instigating the lease extension. Seems odd to me, also it may take months to sort it all out. Am I being too sceptical?
  • Offer accepted on a a garden flat in Raunds, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as eighty years.We are about to exchange contracts in a couple of days. My query is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • I an interested in finding out more about purchasing a leasehold residence. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Raunds area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in Raunds. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm living at mother and father but have a garden flat in Raunds let out which has a 61 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 Raunds 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 21k. Should I keep or sell the flat?
  • We have been in discussion with our freeholder after having a valuation on our garden flat in Raunds. We have a 77 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount 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 the lease extension.
  • I'm looking at acquiring a flat in Raunds valued at £256,000 the flat has something like sixety two years left on the lease. I put in an offer subject to a lease extension... .. that was back in September, expecting I'd have moved in before Christmas. The seller has just informed me they are willing to knock £3k off if they don't have to deal with the lease extension. I'm unsure whether that's a good idea

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