Common questions relating to Taverham Lease Extensions

  • I have shares in the freehold of buildings comprising of seven flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the procedure for this
  • I'm wanting to make an offer on a house in Taverham 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 HSBC Bank giving us the mortgage now?
  • The terms for the lease on my flat in Taverham are 99 years from 1 Jan 1980. Please give me a quote for a lease extension if I give you more information please?
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Taverham and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously refinance with Skipton Building Society to release of equity. My adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease commenced in 1972 and since then the ground rent has been raised from £15.00 per annum to £125 per year.
  • In 2012 I purchased a leasehold apartment in Taverham. I have built a large extension and have not informed my freeholder. What should I do?
  • I will soon view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has sixety three years left on the lease. It is also a repo so I'm guessing that the bank will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • My mortgage lender is requesting a £450 fee for their to approve the lease extension deed for my flat in Taverham... I am unable to find any mention of this in my mortgage contract... is this a usual cost that they charge?
  • We wish to extend our lease. We will have been in the place for 2 years as of 13th Feb 2015. It has nearon 75 years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.
  • I would like some guidance on leasehold property buying. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Taverham area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • I am the freeholder of a Edwardian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety nine years. What are my next steps?

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