FAQs concerning St Mary Cray Lease Extensions

  • Hello, I stumbled across this website. I'm seeking prices on what it cost to extend a lease of a garden flat located in St Mary Cray. It's up for sale at the moment but has nearon sixety nine years unexpired lease on the lease
  • I'm intending to make an offer on a house in St Mary Cray 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 Leeds Building Society giving us the mortgage now?
  • I am looking for a solicitors in St Mary Cray and they need to be on the Nottingham Building Society approved conveyancers panel as we need a lease extension and remortgage simultaneously. Are you able to recommend any please ?
  • I am looking to buy a ground floor flat in St Mary Cray with a lease of 58 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I'm deliberating over buying a 2 bed flat (leasehold) but the landlord has been absent for about 15yrs. I wonder whether it will be less expensive to try to buy the freehold or to get a lease extension and apply for RTM?
  • I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a one bedroom apartment in St Mary Cray, where the lease is circa sixety eight years but she was told by the selling agents that the homeowner had extended it to 125 years. Only now has she been advised the homeowner was waiting for her to appoint conveyancers ahead of instigating the lease extension. Sounds devious, also it may take months to sort it all out. What do you think?
  • We would like to extend our lease having owned the place for 2 years as of 21st Jan 2015. It has around seventy six years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as is reasonably achievable.
  • Me and my sister have owned a leasehold flat for about twenty years. There are seventy two years left on the lease. Following a year of difficult negotiations through my conveyancers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
  • Me and my wife are hoping to buy a flat (a maisonette located inSt Mary Cray with share of freehold). During our search, we were always looking at apartments that had a minimum ninety years remaining. We identified a apartment we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Yesterday our conveyancers informed us the lease only has 79 years and therefore needs a lease extension. Do we run away, or should 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 currently negotiating a lease extension for my flat in St Mary Cray as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
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    Lease Extensions in St Mary Cray

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