Top Ten Questions relating to Underwood Lease Extensions

  • My wife agreed with the freeholder to a lease extension on our flat in Underwood, 11k for an additional 90yrs. How long will it take ?
  • My name´s Andrew. I’m flat hunting in Underwood I'm seeing a garden flat online, with just over 71 years remaining, how much will it likely cost to get a lease extension by, say, fifty years?
  • I am looking to extend the lease on my studio flat in Underwood which will have 79 years remaining in September. What fees apply?
  • I am looking for a property lawyers in Underwood and they need to be on the Aldermore approved conveyancers panel as we need a lease extension and remortgage simultaneously. Are you able to recommend any please ?
  • I am about to put an offer in on a garden flat in Underwood with a lease of fivety four years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I am going to purchase a flat based in Underwood. The offer is conditional upon a lease extension. The flat owner’s conveyancers has given to the freeholder the Section 42 Notice. 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 Nationwide Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking at purchasing an auction property and identified a one bed flat in Underwood. It only has a fifty year lease..the vendor as mortgagees in possession dont want to mess around with seeking a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and decreased chance of getting a mortgage with TSB?
  • Just been over two years that I have owned my one bedroom apartment in Underwood. I have seventy one yrs left on the lease. I am now wanting to buy a share of freehold or a lease extension. I purchased the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Underwood based property lawyers or any will do fine?
  • We currently own a one bed flat in Underwood 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 57 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • 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 Underwood
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    Lease Extensions in Underwood

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