Umberleigh Lease Extensions: Q and A’s

  • 20,000 agreed with the freeholder, just trying to find a Umberleigh property lawyers for a lease extension. Our lease has around 71 yrsleft. How long will this take ?
  • I'm intending to make an offer on a house in Umberleigh 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 Accord Mortgages Ltd giving us the mortgage now?
  • Do you only handle lease extensions in Umberleigh? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a lawyers.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I am the owner of a maisonnette and the freehold reversion. The owners of the upstairs flat have asked for a lease extension what do I need to do?
  • I'm thinking of purchasing a garden flat (leasehold) but the freeholder has been absent for roughly 15yrs. My question is would it be cheaper to try to acquire the reversionary title or to extend lease and apply for RTM?
  • I'm looking for a flat to purchase in Umberleigh and I'm not really familiar with the leasehold concept. I've found a studio flat I like with a 90 years lease. My research reveals that I can go for a lease extension having owned the property for a couple of years, but:- Is this a given?
  • What will it cost me and what is the best way to get a lease extension started? I have just over 67 years left on my lease on a studio flat in Umberleigh. I have contacted the managing agents who act on behalf of the head landlord and they provided me with the number for the surveyor. I telephone the valuer but I am not getting any returned calls.
  • We are concerned about obtaining a lease extension from an objectionable freeholder. Even though the legal procedures were adhered to under the appropriate legislation, the freeholder still tried to get ground rent of £200 doubling every twenty years of the new term. Can you assist?
  • I have a lease of 56 years remaining on my flat in Umberleigh. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Umberleigh

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