Whitnash Lease Extensions: Q and A’s

  • My wife has an apartment located in Whitnash which we are about to put on the market. The leasehold has about seventy three years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • I'm planning to make an offer on a house in Whitnash 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 Nationwide Building Society giving us the mortgage now?
  • I plan on buying a flat located in Whitnash. My offer is subject to the lease extension. The vendor’s solicitors 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 Skipton Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I'm deliberating over buying a garden flat (leasehold) but the freeholder has been missing for circa 15yrs. I wonder whether it will be cheaper to try to acquire the freehold or to extend lease and apply for RTM?
  • I am about to view a two bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 70 years remaining on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • My mortgage provider requires several hundred pounds for their solicitors to agree a lease extension for my flat in Whitnash... I can find no mention of this in my mortgage guide... is this a usual cost that they charge?
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I have a leasehold property in Whitnash with seventy two years left on the lease. I am looking for a property lawyers to help me achieve a lease extension. Can you help?
  • Are you able to provide an estimate to extend my mum’s lease on a three bed flat in Whitnash. She already has a figure from the landlord for a lease extension but I am far from certain if it is reasonable.
  • I have a lease of sixety four years remaining on my flat in Whitnash. 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 Whitnash

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