Aigburth Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Aigburth Lease Extensions
So this is the scenario: I bought a ground floor flat in Aigburth that I am finding difficult to sell as a result of the lease requiring a lease extension. What's your legal fee ?
I purchased a flat in Aigburth with a leasehold unexpired nearly 69 years and need a lease extension. Please can you advise me of the next stages
Do you only do lease extensions in Aigburth? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a solicitors.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I am about to view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy years outstanding on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
I have a share of the freehold. There are four apartments in the house. All the leaseholders are now seeking lease extensions. What are the timescales to grant a lease extension?
We are looking to extend our lease having owned the place for two years as of 22nd March 2016. It has roughly sixety seven years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as possible.
My conveyancing practitioners (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
Just been over 2 years that I have owned my studio flat in Aigburth. I have 70 yrs unexpired lease on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my property lawyers 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?
We currently own a three bedroom ground floor purpose built flat in Aigburth 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 sixety five years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?