Recently asked questions relating to Romsey Lease Extensions

  • We have just purchased a one bedroom ground floor purpose built maisonette located inRomsey and I'm deliberating extending the lease as soon as possible e.g. in 24 months of ownership
  • I’m just looking for a ground floor flat to buy in the Romsey area and was after more information on what the likely fees would be for a lease extension? It has 67 years outstanding...
  • I bought a flat in Romsey with a leasehold unexpired approximately fivety six years and need a lease extension. Please can you clarify the next stages
  • Hello, I stumbled across your site. I'm seeking prices on what a lease extension will cost for a studio flat located in Romsey. It's on sale at the moment but has circa 54 years outstanding on the lease
  • I am going to purchase a flat based in Romsey. My offer is conditional upon a lease extension. The homeowner’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Coventry Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Romsey, and would like some figures on that.
  • I am considering buying an auction property and came upon a two bed flat in Romsey. It only has a 48 year lease..the current owner as mortgagees in possession will not want to mess around with negotiating a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Nationwide Building Society?
  • We are proceeding with buying a garden flat in Romsey. I was informed that the lease had been extended (sixety years left prior to extension). The sales particulars said "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The vendor supposedly has a quote but no money to extend and consequently the seller wishes to exchange and use the my deposit to extend the lease. My question is is it not odd that my failed to spot this far earlier than just before exchange?
  • We know that others in the same building previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on previous prices . This would save on double valuation fees. Is this advisable?
  • Do you handle lease extensions on land? (a plot of land in Romsey with 82yrs remaining)

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