Abbots Bromley Lease Extension - Your Legal Fees Calculator
Sample questions relating to Abbots Bromley Lease Extensions
My name´s Liam. I’m house hunting in Abbots Bromley I'm seeing a ground floor flat online, with slightly less 70 years remaining, how much does it cost on average to get a lease extension by, say, thirty years?
We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 899 years residual lease term so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any suggestions would be much appreciated.
I am thinking about buying an auction property and identified a studio flat in Abbots Bromley. It has just 50 year lease..the seller being mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the drawbacks of this other than the expensive fee to put a new lease on it and decreased chance of getting a mortgage with The Mortgage Works?
I am looking for advice as I am interested in a property that has only a 54 year lease and therefore requires a lease extension. Can I call someone to go through my options please?
I am the freeholder of a Georgian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy two years. What are my next steps?
I do not need a lease extension but I do require a vesting order on a property I want to buy in Abbots Bromley. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the garden area.
Me and my husband have been in discussion with our freeholder after having a valuation on our garden flat in Abbots Bromley. We have a 76 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
My brother and I are purchasing a studio flat in Abbots Bromley which has share of freehold and a leasehold. The lease was on the short side so the seller commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our lawyers to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we must wait until the lease extension has actually been registered before completing.?
I have seventy one years remaining on my lease of a ground floor flat in Abbots Bromley, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
We have a garden flat in Abbots Bromley with a lease of seventy nine years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?