Ackworth Lease Extension - Your Legal Fees Calculator
Questions and Answers: Ackworth Lease Extensions
We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 798 years remaining 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 guidance would be much appreciated.
Hello. I need someone to have a look at my lease extension before it's formalised just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor amendments.
I would like to have my residential flat leasehold extension premium valued. The flat is in Ackworth, and my lease will reach 55 years this October. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
I plan on buying a flat located in Ackworth. The offer is conditional upon a lease extension. The seller’s lawyers 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?
We would like to extend our lease having owned the flat for two years as of 21st Feb 2015. It has around seventy five years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as is reasonably achievable.
My husband and I have owned a leasehold flat for approximately fifteen years. It now has 60 years unexpired lease on the lease. Following a year of protracted negotiations through my lawyers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate some independent thoughts.
I am the freeholder of a Georgian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy six years. What are my next steps?
Just been over two years that I have owned my one bedroom apartment in Ackworth. I have fivety seven yrs outstanding on the lease. I am now wanting to buy a share of freehold or a lease extension. I purchased the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
Although I do not need a lease extension but I do need a vesting order on a property I want to purchase in Ackworth. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the rear garden.
We currently own a maisonette in Ackworth 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 58 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? Do I contact the landlord first and will they be able to give me a cost?