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Extending my lease as the freeholder

dazzas1066
dazzas1066 Posts: 2 Newbie
in House buying, renting & selling
Hi All,

I want to extend my lease. I am the freeholder. Its a long story why but just need to do it. The other flat was not interested, so I have the full freehold

Does anyone know the forms I need to fill in to do this to save on solicitor costs?

I have a mortgage on the property.

Thanks

Darren

Comments

  • ValHaller
    ValHaller Posts: 5,212 Forumite
    1,000 Posts Combo Breaker
    dazzas1066 wrote: »
    I am the freeholder. Its a long story why but just need to do it.
    If you are going to sell, I suggest that you cancel your lease by mutual agreement with yourself - which leave you able to live there under your rights as freeholder and you issue a new lease when you are ready to sell ....

    Your mortgage lender may have some issues with the above. But without the background it is hard to suggest what you should do
    You might as well ask the Wizard of Oz to give you a big number as pay a Credit Referencing Agency for a so-called 'credit-score'
  • Leaseman_2
    Leaseman_2 Posts: 56 Forumite
    You may well find that your mortgage is secured against your leasehold interest. If possible it could be better to wait until you sell or remortgage rather than double up on costs.
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