FAQs concerning Spondon Lease Extensions

  • Me and my fiance are seeking a lease extension for our garden flat in Spondon and we are confused by the letter that we received from our landlord company. What's your solicitors fee?
  • My fiance agreed with the landlord for a lease extension on our flat located in Spondon, 11k for a further 90yrs. What's your solicitors fee ?
  • I am interested in getting a lease extension for a flat in Spondon and want to use a local . Are you able to help me find a ?
  • I am about to view a two 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 55 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 the short lease make it difficult to secure a mortgage?
  • I am the freeholder of a Victorian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy three years. What are my next steps?
  • If somebody owns a flat with a lease of under 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 doing it?
  • I'm intent on acquiring an apartment in Spondon at a price of £256,000 the flat has just under fivety five years unexpired on the lease. I put in an offer subject to a lease extension... .. that was back in August, expecting I'd have moved in by Christmas. The seller has just informed me they are willing to reduce the price by£2k if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
  • I am currently in the process of refinancing my three bedroom first floor purpose built flat in Spondon and the mortgage company that I am looking to switch to needs at least 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around seventy five years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • Do you handle lease extensions on land? (a plot of land in Spondon with 82yrs remaining)
  • We have a one bedroom apartment in Spondon with a lease of 77 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?

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