Questions and Answers: Rufford Lease Extensions

  • I’m just looking for a maisonette to purchase in the Rufford area and was enquiring what the likely fees would be to extend a lease? It has fivety eight years outstanding...
  • Hi, I just randomly found your site. I'm seeking prices on what it cost to extend a lease of a studio flat in Rufford. It's up for sale at the moment but has nearon 75 years left on the lease
  • I am interested in getting a lease extension for a flat in Rufford and want to use a local . Are you able to help me find a ?
  • I'm about to make an offer on a house in Rufford 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 Norwich and Peterborough Building Society giving us the mortgage now?
  • I am going to purchase a flat based in Rufford. My offer is subject to the lease extension. The owner’s has given to the freeholder the Section 42 Notice. 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 Halifax. Moreover, which are the following lease extension steps to complete the purchase?
  • Last year I purchased a leasehold flat in Rufford. I have built a huge extension and have not informed the leaseholder. What are my options?
  • I'm looking for an apartment to purchase in Rufford and I'm not really familiar with the leasehold arrangement. I've identified a garden flat I like with a 90 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Should I anticipate any issue with my proposed mortgage lender Virgin Money?
  • We have a ground floor flat in Rufford with 68 years left. Ten months ago we were quoted a deal to grant a lease extension for a further 25 years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 16k. Finally we have decided to go ahead but do we now have to renegotiate?
  • Just been over 2 years that I have owned my ground floor flat in Rufford. I have 66 yrs left on the lease. I am now looking either to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Rufford based or any will do fine?
  • Me and my sister are buying a ground floor flat in Rufford which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced 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 to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we must be patient until the new lease is registered?

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