Top Ten Questions relating to Soham Lease Extensions

  • I am the registered owner of a property in Soham and it has around 58 years residual lease term. I'd like to extend the lease period
  • I am about to view a two bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 54 years balance left on the lease. It is also a repossession so I'm assuming that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • I have my suspicions that my niece is being hoodwinked. She submitted an offer on a maisonette in Soham, where the lease is nearly fivety five years but she was informed by the estate agents that the homeowner had extended it to 125 years. She has now been informed the owner was waiting for her to retain conveyancers prior to commencing with the lease extension. Seems odd to me, also it will take a while to sort it all out. Am I reading too much into it?
  • My mortgage provider requires a £500 fee for their solicitors to agree a lease extension for my flat in Soham... I am unable to find any reference of this in my mortgage booklet... is this a normal fee to pay?
  • My brother and I are considering purchasing a one bedroom apartment in Soham which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I would like some advice on leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Soham area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • I am looking to extend the lease on my ground floor flat in Soham I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a Edwardian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 66 years. What are my next steps?
  • I have seventy one years remaining on my lease of a ground floor flat in Soham, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Soham

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