Anlaby Lease Extension - Your Legal Fees Calculator
Common questions relating to Anlaby Lease Extensions
I plan on buying a flat in Anlaby. My offer is conditional upon a lease extension. The vendor’s property lawyers has served 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 Barclays . Moreover, which are the following lease extension steps to complete the purchase?
I am looking to either purchase the freehold or a lease extension of my property in Anlaby and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with Virgin Money to free up equity. The broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold acquisition .The lease began in 1981 and since then the ground rent has been raised from £15.00 per year to £100 per year.
My husband and I have a residential flat in Anlaby with sixety eight years to run. Ten months ago we were quoted a deal to have a lease extension for a further 25 years but also increase ground rent from nominal to a little more..plus a premium I think of about 16k. We have now decided to go ahead but do we now have to renegotiate?
I intend to buy a one bed flat in Anlaby for asking price of 125k, which has seventy seven years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
I am the owner of a purpose-built flat based in a small block in Anlaby. The leasehold interest in the flat on a ninety five year lease started on 2nd March 1980 with a set yearly rent of 20. I wish to obtain a lease extension. Can I call someone to discuss my options please?
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?
I am in need of some help with a lease extension. I live in Dublin but the flat in question is based in Anlaby. I would be grateful if you can give me a call when you get a chance to discuss the case.
I do not need a lease extension but I do need a vesting order on a property I want to purchase in Anlaby. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the garden area.
My brother and I are hoping to purchase a flat (a two bedroom first floor purpose built flat located inAnlaby with share of freehold). Throughout our search, we were always looking at flats that had at least eighty five years remaining. We identified a place we liked and the estate agent assured that the lease term was not an issue. Yesterday our lawyers advised us the lease only has 62 years and thus needs a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
Do you handle lease extensions on land? (a plot of land in Anlaby with 82yrs remaining)