Wellingborough Lease Extensions Example Support Desk Enquiries

  • I'm about to make an offer on a house in Wellingborough 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 Nottingham Building Society giving us the mortgage now?
  • Hello. I need a to review my lease extension ahead of it being formalised just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • 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 inherited a one bedroom apartment in Wellingborough. The lease started in 1992 for 99 years. Now I am looking to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am going to purchase a flat located in Wellingborough. The offer is conditional upon a lease extension. The current owner’s 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 Britannia. Moreover, which are the following lease extension steps to complete the purchase?
  • The terms for the lease on my flat in Wellingborough are 95 years from 10 Feb 1988. Please give me a quote to extend the lease if I give you more details please?
  • I own a share of the freehold. There are four flats in the block. All the leaseholders are now requiring lease extensions. What are the timescales to grant a lease extension?
  • I an interested in finding out more about 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 Wellingborough area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • I'm living with my parents but have a three bed flat in Wellingborough let out which has a seventy two year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Wellingborough for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
  • Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Wellingborough for a one bed flat - sec 42 having been issued?

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