FAQs concerning Ulceby Lease Extensions

  • I am considering investing in a second home but it has a lease that expires in twenty years. Its in Ulceby - I wanted to see if with your services this could be extended?
  • Hello. I need a conveyancers to review my lease extension prior to it being signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.
  • I plan on buying a flat located in Ulceby. My offer is conditional upon a lease extension. The homeowner’s conveyancing practitioners has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Chelsea Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I'm looking for an apartment to buy in Ulceby and I'm not really familiar with the leasehold tenure. I've found a place I like with a 91 years lease. I've read that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with the mortgage?
  • I will soon view a one bedroom apartment, although not exactly my dream 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 74 years outstanding on the lease. It is also a repo so I'm assuming that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • We wish to extend our lease. We will have been in the property for 2 years as of 22nd Jan 2015. It has just over 69 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as is reasonably achievable.
  • Just been over two years that I have been in my ground floor flat in Ulceby. I have seventy four yrs outstanding on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Ulceby based lawyers or any will do fine?
  • I'm intent on buying an apartment in Ulceby at a price of £256,000 the flat has something like fivety four years remaining on the lease. My offer was conditional upon a lease extension... .. that was back in November, hoping I'd have moved in by Christmas. The owner has just come back saying they are willing to knock £3k off if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • My partner and I are acquiring a garden flat in Ulceby which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our property lawyers to do OS1 search on the lease. The concern here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we have to wait until the new lease is registered?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Ulceby
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    Lease Extensions in Ulceby

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