Examples of recent questions relating to Lease Extensions in Winslow

  • I invested in buying a flat in Winslow with a leasehold unexpired slightly less than sixety one years and need a lease extension. Please can you clarify the next steps
  • I am looking to extend the lease on my studio flat in Winslow which will have seventy eight years unexpired lease in June. What fees apply?
  • I am about to put an offer in on a one bed flat in Winslow with a lease of fivety six years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I have contacted my freeholder to extend my lease for my flat in Winslow. His conveyancing practitioners has been in contact with charges etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started Septembmer 1987.
  • I plan on buying a flat located in Winslow. The offer is conditional upon a lease extension. The current owner’s property lawyers has served 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 Alliance & Leicester . Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking to either purchase the freehold or a lease extension of my property in Winslow and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with Birmingham Midshires to release of equity. My broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease started in 1979 and since then the ground rent has been raised from £25.00 per annum to £125 per annum.
  • I'm looking for a flat to purchase in Winslow and I'm not really familiar with the leasehold title. I've found a 2 bed flat I like with a 90 years lease. I've read that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with the mortgage?
  • I am thinking about acquiring an auction property and found a studio flat in Winslow. It has just 48 year lease..the vendor as mortgagees in possession dont want to mess around with negotiating a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Nationwide Building Society?
  • My nephew has a share of freehold, with two other leaseholders in a building in Winslow. House split into three flats. He has a lease, which has just over 69 yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • We currently own a one bedroom apartment in Winslow 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 seventy two years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?
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    Lease Extensions in Winslow

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