Examples of recent questions relating to Lease Extensions in Springwell

  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 798 years outstanding so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any help would be much appreciated.
  • I am looking for a lawyers in Springwell and they need to be on the The Royal Bank of Scotland approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend a lawyers ?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • We have a residential flat in Springwell with 58 years unexpired. Last year we were quoted a deal to have a lease extension for a further 25 years but also increase ground rent from nominal to a little more..plus a premium I think of about 16k. Finally we have decided to move forward but do we now have to renegotiate?
  • My OH and I are proceeding with buying a maisonette in Springwell. I was told that the lease had been lengthened (sixety years outstanding prior to extension). The description on the listing said "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The seller supposedly has a quote but no finances to extend as a result the current owner intends to exchange and use the 10% deposit for the lease extension. My question is how is possible that the estate agent got it so wrong?
  • I am in need of a lease extension for my flat in Springwell and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • 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 66 years. What are my next steps?
  • I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Springwell. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I am planning on remortgaging my two bedroom second floor purpose built maisonette in Springwell and the mortgage company that I am looking to switch to needs at least 80 years remaining on the lease in order for them to take the mortgage forward. We currently have around seventy nine years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
  • 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 Springwell
  • Other Topics

    Lease Extensions in Springwell

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