Examples of recent questions relating to Lease Extensions in Sandy

  • We have just acquired a one bedroom apartment based inSandy and I'm deliberating extending the lease as soon as practicable e.g. in two years
  • So this is the scenario: I own a three bedroom ground floor purpose built maisonette in Sandy that I now cannot sell as a result of the lease needing a lease extension. What's your solicitors fee ?
  • I am looking for a solicitors in Sandy and they should be on the Bank of Ireland approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend a conveyancers ?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I plan on buying a flat in Sandy. My offer is subject to the lease extension. The current owner’s conveyancers 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 Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking to either purchase the freehold or a lease extension of my property in Sandy and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with Aldermore to free up equity. The broker handling the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease started in 1972 and since then the ground rent has increased from £25.00 per annum to £200 per annum.
  • I am the freeholder of a 1930’s property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety nine years. What are my next steps?
  • I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in Sandy. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm living with my mother and father but have a garden flat in Sandy let out which has a 73 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 Sandy 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 19k. Should I keep or sell the flat?
  • I'm intent on purchasing a flat in Sandy at a price of £210,000 the flat has just under sixety four years unexpired on the lease. My offer was subject to a lease extension... .. that was back in November, hoping I'd have completed by now. They have just come back saying they are willing to reduce the price by£7k if I deal with the lease extension myself. I'm unsure whether that's a good idea
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    Lease Extensions in Sandy

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