Frequently asked questions relating to Undy Lease Extensions
We agreed with the head landlord to a lease extension on our flat in Undy, 15k for an extension by 90yrs. How long is the process ?
My name´s Ryan. I’m property hunting in Undy I'm thinking about offering on a garden flat online, with nearon seventy six years remaining, how much does it cost on average to get a lease extension by, say, fifty years?
I'm wanting to make an offer on a house in Undy but I'm a little worried 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 Norwich and Peterborough Building Society giving us the mortgage now?
We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 798 years left so a lease extension is not required. 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 true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any help would be much appreciated.
I am looking to purchase a one bedroom first floor purpose built flat in Undy with a lease of fivety seven years but unsure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
My partner and I have a residential flat in Undy with 79 years left. Last year we were quoted a deal to receive a lease extension for a further 25 years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 9k. We have now decided to go ahead but do we now have to renegotiate?
I am looking to buy a one bed flat in Undy for asking price of 156k, which has 65 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
I own a purpose-built flat based in a large development in Undy. The leasehold interest in the apartment on a 99 year lease started on 30th January 1969 with a set ground rent of £25 per annum. I would like to obtain a lease extension. Can I talk with someone to go through my options please?
My and my fiance are concerned about obtaining a lease extension from tricky landlord. Even though the correct procedures were adhered to under the 1993 Act, the landlord still attempted to get ground rent of £250 doubling every twenty five years of the new term. Can you help?
I have a lease of 58 years remaining on my flat in Undy. 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?