Recently asked questions relating to Sneyd Park Lease Extensions

  • I inherited a one bedroom apartment located in Sneyd Park with a leasehold unexpired of seventy three years. I am enquiring about what it will cost me to extend my lease term
  • I have contacted my freeholder for a lease extension for my flat in Sneyd Park. His has been in contact with charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started January 1984.
  • In 2010 I purchased a leasehold apartment in Sneyd Park. I have built a big extension and have not informed the freeholder. What should I do?
  • I am considering acquiring an auction property and found a two bed flat in Sneyd Park. It only has a 50 year lease..the current owner as mortgagees in possession dont want to mess around with seeking a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and decreased chance of obtaining a mortgage with Aldermore?
  • My wife and I have a ground floor flat in Sneyd Park with seventy five years to run. Last year we were quoted a deal to receive a lease extension for a further 25 years but also uplift the ground rent from notional to £200 per annum..plus a premium I think of about 14k. We have now decided to go ahead but do we now have to renegotiate?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 55 years. I need a at my end. Can you advise please? I live near Sneyd Park and have a mortgage with Alliance & Leicester .
  • I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Sneyd Park. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • If somebody owns a flat with a lease of less than 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?
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the total cost excluding value added tax and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my three bed flat in Sneyd Park
  • We are in the throws of buying a flat (a garden flat based inSneyd Park with share of freehold). During our search, we were always looking at apartments that had at least ninety years balance left. We identified a apartment we liked and the selling agent assured that the lease term was not an issue. This morning our advised us the lease only has 55 years and thus requires a lease extension. Do we run 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?

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