Scunthorpe Lease Extensions Example Support Desk Enquiries

  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 928 years balance left so a lease extension is not a concern. 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 correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any information would be much appreciated.
  • Do you only do lease extensions in Scunthorpe? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a solicitors.
  • I bought a maisonette located in Scunthorpe with a leasehold unexpired of seventy nine years. I am enquiring about what it will cost me to extend my lease
  • I am about to put an offer in on a garden flat in Scunthorpe with a lease of 76 years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • Last year I purchased a leasehold flat in Scunthorpe. I have built a huge extension and have not informed the leaseholder. What should I do?
  • I'm looking for a flat to purchase in Scunthorpe and I'm not really familiar with the leasehold tenure. I've identified a one bedroom ground floor purpose built flat I like with a 90 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Is this a given?
  • I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 65 years. I need a lawyers at my end. Can you advise please? I live near Scunthorpe and have a mortgage with Barclays Direct.
  • If somebody 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 extending the lease?
  • I'm intent on acquiring an apartment in Scunthorpe valued at £195,000 the flat has something like seventy seven years left on the lease. My offer was subject to the lease being renewed... .. that was back in November, expecting I'd have completed by Christmas. The owner has just come back saying that they are prepared to reduce the price by£7k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • I have a lease of 58 years remaining on my flat in Scunthorpe. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Scunthorpe

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