FAQs concerning Stamfordham Lease Extensions

  • I’ve just purchased a three bedroom first floor purpose built flat based inStamfordham and I'm deliberating a lease extension as soon as I can e.g. after two years
  • I'm about to make an offer on a house in Stamfordham 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 Alliance & Leicester giving us the mortgage now?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 63 years remaining.
  • We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 798 years balance left so a lease extension is not a worry. 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 invested in buying a one bed flat located in Stamfordham with a leasehold unexpired of seventy years. I am wondering about what it will cost me to extend my lease term
  • Think I may have made an error, I am actually looking for a in Stamfordham who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can assist me with?
  • The terms for the lease on my apartment in Stamfordham are 101 years from 15 Feb 1990. Can you supply me me a quote to extend the lease if I give you more details please?
  • We have owned a leasehold flat for about twenty years. It now has seventy five years unexpired lease on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.
  • We would like to know the cost of a lease extension valuation for a property based in Stamfordham. Is this something you can help us with?
  • If somebody owns a flat with a lease of less than 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 extending the lease?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Stamfordham