Lease Extensions in Southwell

Top Ten Questions relating to Southwell Lease Extensions

I’m just looking for a garden flat to purchase in the Southwell area and was wondering how much would it cost to extend a lease? It has fivety seven years as a balance left...

I am looking to buy a ground floor flat in Southwell with a lease of seventy three years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.

I acquired a studio flat in Southwell. The lease started in 1992 for 99 years. Now I am looking to extend the lease. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?

I am going to purchase a flat based in Southwell. The offer is subject to the lease extension. The current owner’s has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Godiva Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?

We are selling our one bed flat in Southwell but we may need a lease extension, or possibly cover the costs of our buyers. Can you help me find someone to undertake the legal formalities?

We inherited a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Southwell and are therefore thinking about the option of a vesting order. Is this something you can do for us?

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 own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 54 years. I need a at my end. Can you advise please? I live near Southwell and have a mortgage with Halifax.

Even though I may not need a lease extension but I do need a vesting order on a property I want to acquire in Southwell. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the rear garden.

My partner and I are are hoping to complete on a garden flat in Southwell which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do a pre-completion search on the lease. The concern 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 lease title number is not known. Is it correct that we have to wait pending registration of the new lease?

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