Acton Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Acton Lease Extensions
I have just completed on a one bedroom second floor purpose built flat based inActon and I'm deliberating extending the lease as soon as possible e.g. in two years
We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 798 years unexpired so a lease extension is not required. 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 true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any suggestions would be much appreciated.
Do you only advise on lease extensions in Acton? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a conveyancers.
I plan on buying a flat located in Acton. My offer is subject to the lease extension. The flat owner’s conveyancing practitioners has served the Notice of Claim. 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 Platform Home Loans Ltd. Moreover, which are the following lease extension steps to complete the purchase?
Re a residence in Acton. upper maisonette. sixety nine yrs unexpired. I have negotiated a lease extension price of £20k for 125yrs. Freeholder also requested Initial Notice which I think should not be necessary. Advice required.
Just been over two years that I have been in my ground floor flat in Acton. I have 67 yrs outstanding on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners 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 financing - do they add it to their existing mortgage or pay it out in cash?
I own the freehold reversion of a property in Acton where the leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this by £2,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what costs would I be likely to incur?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Acton
I have a lease of 59 years remaining on my flat in Acton. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
I'm looking for some advice with regard to a lease extension on my maisonette in Acton. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good lawyers who specialises in lease extensions?