Sample questions relating to Redfield Lease Extensions

  • I'm intending to make an offer on a house in Redfield but I'm a little worried 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 The Royal Bank of Scotland giving us the mortgage now?
  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 899 years balance left so a lease extension is not required. 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 advice would be much appreciated.
  • I am looking for a conveyancing practitioners in Redfield and they should be on the Santander approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Redfield, and my lease will reach fivety six years this October. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • My flat in Redfield is up for sale and I have a hopefully firm offer. There is 79 years unexpired on the lease and I want to extend the lease. How much will it likely cost to get a lease extension by, say,thirty years
  • I am the freeholder of a Georgian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety eight years. What are my next steps?
  • We would like to know the cost of a lease extension valuation for a property based in Redfield. Would you be able to help?
  • 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?
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Redfield for a three bed flat - section 42 is already in place?
  • We are in the throws of buying a home (a three bedroom second floor purpose built maisonette based inRedfield with share of freehold). Throughout our search, we were always looking at flats that had a minimum 83 years outstanding. We identified a apartment we fell in love with and the estate agent promised us that the lease was long albeit not specifying a number. This morning our property lawyers told us the lease only has 60 years and therefore needs a lease extension. Do we run away, or do we negotiate our offer?
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    Lease Extensions in Redfield

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