Swanage Lease Extensions Example Support Desk Enquiries

  • I'm planning to make an offer on a house in Swanage 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 Bank of Scotland giving us the mortgage now?
  • We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 928 years residual lease term 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 25 years without owning the property. Any guidance would be much appreciated.
  • I need to talk to you about an apartment in Swanage, I am thinking of bidding at auction in the next few days. The flat only has a few years left and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • I own a leasehold flat in Swanage. I have built a huge extension and have not informed the leaseholder. What are my options?
  • Offer accepted on a a one bedroom ground floor purpose built maisonette in Swanage, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer come through which states the lease as 85 years.Contracts were due to be exchanged within a week. My question is why has this only just come to my attention by my property lawyers?
  • We have been in discussion with our freeholder after having a valuation on our ground floor flat in Swanage. We have a 63 year lease and we wish to increase this to 99. The Freeholder has provided 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 conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I require an estimate to extend my mother’s lease on a garden flat in Swanage. She already has a figure from the freeholder for a lease extension but I am not sure it is too high.
  • We currently own a garden flat in Swanage and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 78 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Swanage 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 Swanage with 82yrs remaining)
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    Lease Extensions in Swanage

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