Southville Lease Extensions

Recently asked questions relating to Southville Lease Extensions

So this is the scenario: I acquired a one bedroom apartment in Southville that I now cannot sell due to the lease needing a lease extension. Are you willing to help me with this situation ?

I'm planning to make an offer on a house in Southville but I'm concerned 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 Barnsley Building Society giving us the mortgage now?

I have a lease of seventy six years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I will soon view a one bedroom flat, although not exactly my dream 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 63 years residual lease term on the lease. It is also a repossession so I'm guessing that the lender will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?

What will it cost me and what is the best way to get a lease extension started? I have nearly seventy seven years remaining on my lease on a studio flat in Southville. I have contacted the agent who represent the head landlord and they provided me with the number for the valuer. I have contacted the valuer but I am not getting any returned calls.

My wife and I have a leasehold flat in Southville with 79 years unexpired. Last year we were quoted a deal to grant a lease extension for another thirty years but also uplift the ground rent from notional to a little more..plus a premium I think of about 16k. Finally we have decided to go ahead but do we now have to start the negotiations again?

Coming up to two years that I have been in my three bedroom ground floor purpose built maisonette in Southville. I have sixety six yrs remaining on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?

I'm looking at buying an apartment in Southville valued at £195,000 the flat has approaching 70 years remaining on the lease. My offer was conditional upon the lease being renewed... .. that was back in June, expecting I'd have completed before now. They have just come back saying that they are prepared to reduce the price by£8k if I deal with the lease extension myself. I'm unsure whether that's a good idea

I own the freehold to two flats. Someone has the lease on the ground flat in Southville. I reside in the upper flat. I was reviewing the land registry documents recently when I noticed that my flat is leasehold. There is 72 years residual lease term. Can one do a lease extension without using a ?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Southville

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