Re: Lease extension on flats
What was your lease when you bought it Jazzi .?from programmes ive watched its usually 99 year lease,if you have 79 yrs left thats only a difference of 20 years , i wouldn't think its it worth spending £££s out on extending it yet ..A programme i watched a buyer wanted a leasehold property but with little lease left,the advice was to get it extended before buying , His solicitor did this for him without to much difficulty .Re: Lease extension on flats
Re: Lease extension on flats
Yes, Eliza, it was a 99 year lease and it doesn't just roll over, Bruce, as far as I can see.Re: Lease extension on flats
Jazzi this will give you impartial informationRe: Lease extension on flats
Suffice to say-just pray. It`s a ruddy minefield. Been there when Jenny`s mother died. Leasehold,partners in the `company` set up to buy the freehold going behind others backs to mortgage for their share,leases not adding up so no work done on the property.Re: Lease extension on flats
My daughter has just, yesterday, sent the cheque off for extending her lease. what a faff and very expensive to boot!! Tried to warn them when they bought the flat that it was a ticking time bomb but would they listen?!Re: Lease extension on flats
Re: Lease extension on flats
I know Jazzi, we are all fuming about it but they want to move so had to do it really I would just say if you are going to do it, the sooner the better. If you're staying there I suppose it doesn't matter.
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