Sample questions relating to St Annes Park Lease Extensions

  • I’m about to offer on a studio flat to buy in the St Annes Park area and was interested in finding out what the likely fees would be to extend a lease? It has 66 years left...
  • I'm planning to make an offer on a house in St Annes Park 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 Yorkshire Building Society giving us the mortgage now?
  • The intention is to sell our ground floor flat in St Annes Park but we may require a lease extension, or possibly cover the expense of our purchaser. Can you help me find someone to assist?
  • I have my suspicions that my daughter is being hoodwinked. She put in an offer on a two bedroom ground floor purpose built maisonette in St Annes Park, where the lease is roughly fivety nine years but she was advised by the estate agents that the flat owner had extended it to 99 years. Only now has she been advised the current owner was waiting for her to instruct conveyancers ahead of instigating the lease extension. Seems odd to me, also it could take months to sort it all out. Am I reading too much into it?
  • My mortgage provider requires a £500 fee for their conveyancers to approve the lease extension deed for my flat in St Annes Park... I can find no reference of this in my mortgage literature... is this a standard fee to pay?
  • I am looking at buying an auction property and identified a studio flat in St Annes Park. It has just fifty-one year lease..the seller being mortgagees in possession will not want to mess around with seeking a lease extension..what are the disadvantages of this except for the expensive fee to put a new lease on it and reduced chance of getting a mortgage with Coventry Building Society?
  • Me and my wife have been in discussion with our freeholder after having a valuation on our ground floor flat in St Annes Park. We have a 71 year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • We are in the throws of buying a flat (a one bed flat located inSt Annes Park with share of freehold). Throughout our search, we were always looking at properties that had a minimum 83 years left on the lease. We identified a place we fell in love with and the selling agent promised us that the lease term was not an issue. Today our property lawyers advised us the lease only has seventy four years and therefore needs a lease extension. Should we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I am worried about obtaining a lease extension from a difficult landlord. Regardless of the fact that the legal procedures were adhered to under the appropriate legislation, the freeholder still tried to get ground rent of £250 increasing by 100% every twenty years of the new lease. Can you assist?
  • I have a lease of sixety one years remaining on my flat in St Annes Park. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
  • Other Topics

    Lease Extensions in St Annes Park

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