Allenton Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Allenton Lease Extensions
I'm planning to make an offer on a house in Allenton but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect The Royal Bank of Scotland giving us the mortgage now?
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?
We inherited a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Allenton and looking to do a vesting order. Is this something you can help us with?
I'm looking for an apartment to purchase in Allenton and I'm not really familiar with the leasehold concept. I've identified a place I like with a 87 years lease. I've read that I can apply for a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with the mortgage?
I am concerned that my niece is being hoodwinked. She put in an offer on a maisonette in Allenton, where the lease is slightly less 55 years but she was advised by the selling agents that the owner had extended it to 125 years. Only now has she been informed the seller was waiting for her to retain conveyancers ahead of instigating the lease extension. Sounds underhand, also it could take months to sort it all out. What do you think?
I am considering purchasing an auction property and came upon a two bed flat in Allenton. It has just 48 year lease..the seller as mortgagees in possession will not want to mess around with seeking a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and decreased chance of getting a mortgage with Santander?
I own a share of the freehold. There are five flats in the house. All the leaseholders are now looking for lease extensions. Are you willing to assist us with this situation?
My partner and I would like to know the cost of a lease extension valuation for a property based in Allenton. Is this something you can assist us with?
Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Allenton. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the garden area.
I require an estimate to extend my mum’s lease on a ground floor flat in Allenton. She recently got a figure from the freeholder for a lease extension but I am far from certain if it is too high.