Top Ten Questions relating to Soham Lease Extensions

  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 77 years remaining.
  • I have contacted my freeholder for a lease extension for my flat in Soham. His property lawyers has been in contact concerning fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started Septembmer 1985.
  • I own a maisonette in Soham. I am looking for a lease extension on the property. It is approximately 80 years. I would just like to know what your charges are and how long the process takes.
  • I will soon view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 78 years balance left on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • We have a one bedroom flat in Soham. There is eighty years unexpired on the lease and we want a lease extension. How much will it likely cost to extend in this location by, say,45 years
  • Me and my partner are considering purchasing a garden flat in Soham which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and block me from having a lease extension?
  • Offer accepted on a a garden flat in Soham, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 85 years.We are about to exchange contracts in a couple of days. My question is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • My wife and I would like to know the cost of a lease extension valuation for a property based in Soham. Would you be able to help?
  • I'm living with my parents but have a ground floor flat in Soham let out which has a 56 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 Soham 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 13k. Not sure sure whether to hold on or sell the flat?
  • Just been over 2 years that I have owned my garden flat in Soham. I have 72 years outstanding on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Soham based solicitors or any will do fine?
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    Lease Extensions in Soham

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