Questions and Answers: Saxilby Lease Extensions

  • I agreed with the landlord for a lease extension on our flat based in Saxilby, 10.5k for another 90yrs. How long will it take ?
  • I’ve just purchased a garden flat based inSaxilby and I'm thinking about extending the lease as soon as practicable e.g. in 24 months of ownership
  • I am looking for a lawyers in Saxilby and they need to be on the TSB approved conveyancers panel as we need a lease extension and refinance simultaneously. Are you able to recommend any please ?
  • I acquired a one bedroom apartment in Saxilby. The lease started in 1992 for 99 years. Now I am wanting for a lease extension. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • I am a freeholder of a block of flats in Saxilby, and the leaseholders are in the process of being granted lease extensions. I anticipate receiving the money next week. Are there any tax implications, the property is co-owned with my wife ?
  • I am considering purchasing an auction property and identified a two bed flat in Saxilby. It has just 41 year lease..the seller being mortgagees in possession will not want to mess around with applying for a lease extension..what are the drawbacks of this other than the huge fee to extend the lease and decreased chance of obtaining a mortgage with Santander?
  • Me and my sister are in the throws of buying a home (a one bedroom apartment inSaxilby with share of freehold). During our search, we were always looking at apartments that had at least ninety years left. We found a apartment we liked and the selling agent promised us that the lease term was not an issue. Today our conveyancers advised us the lease only has 75 years and thus needs a lease extension. Should we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I own the freehold to two flats. Someone has the lease on the ground flat in Saxilby. I live in the upper flat. I was looking at the title deeds yesterday when I noticed that my flat has a lease on it. There is 77 years left. If I want to do a lease extension then would I simply be paying for the property lawyers fees?
  • We currently own a ground floor flat in Saxilby and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 55 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • We have a 2 bed flat in Saxilby with a lease of seventy six years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?
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    Lease Extensions in Saxilby

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