Seahouses Lease Extensions

Examples of recent questions relating to Lease Extensions in Seahouses

I acquired a flat in Seahouses with a leasehold unexpired around 56 years and need to extend it. Please can you advise me of the next stages

My wife has an apartment located in Seahouses which we are about to put on the market. The leasehold has nearon sixety seven years balance left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Many thanks.

I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has 72 years unexpired

I'm planning to make an offer on a house in Seahouses but I'm a little worried 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 Platform Home Loans Ltd giving us the mortgage now?

I am in need of some help with a lease extension. I live in Dublin but the flat in question is based in Seahouses. I would be grateful if you can give me a call when you get a chance to discuss the case.

Me and my wife are acquiring a ground floor flat in Seahouses which has share of freehold and a leasehold. The lease was on the short side so the seller commenced dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do OS1 search on the lease. The problem 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 have to hold on until the lease extension has actually been registered before completing.?

We are hoping to acquire a property (a one bedroom apartment inSeahouses with share of freehold). Throughout our search, we were always looking at properties that had at least eighty five years unexpired. We identified a apartment we liked and the selling agent promised us that the lease term was not an issue. This morning our advised us the lease only has 58 years and therefore needs a lease extension. Should we walk away, or should 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 am planning on remortgaging my maisonette in Seahouses and the bank that I am looking to move to requires at least 85 years remaining on the lease in order for them to progress matters. I have found that I currently have around seventy one years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process

I am currently negotiating a lease extension for my flat in Seahouses as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Seahouses

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