Common questions relating to Stanstead Abbotts Lease Extensions

  • Hello, I just randomly found this site. I'm seeking prices on what a lease extension will cost for a one bedroom apartment located in Stanstead Abbotts. It's up for sale at the moment but has slightly less than seventy four years of unexpired leasehold
  • I'm about to make an offer on a house in Stanstead Abbotts but I'm a little worried 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 would like to have my residential flat leasehold extension premium assessed. The flat is in Stanstead Abbotts, and my lease will reach 74 years this November. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • We hope to sell our garden flat in Stanstead Abbotts but we may need to extend the lease, or possibly cover the costs of our purchaser. Can you help me find a to assist?
  • I am a FTB of a leasehold flat in Stanstead Abbotts. The lease has just sixety seven years left and ground rent is £50. Is it possible for the owner to serve the Notice of Claim and then assign over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the vendor? Unfortunately the freeholder is absent, so I am not sure how does it work.
  • My mortgage lender is requesting several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Stanstead Abbotts... I can find no reference of this in my mortgage booklet... is this a usual charge?
  • I have a share of the freehold. There are four apartments in the house. All the leaseholders are now looking for lease extensions. Are you willing to help us with this situation?
  • I have 78 years remaining on my lease of a ground floor flat in Stanstead Abbotts, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • I am currently negotiating a lease extension for my flat in Stanstead Abbotts 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?
  • Do you handle lease extensions on land? (a plot of land in Stanstead Abbotts with 82yrs remaining)

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