Babbacombe Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Babbacombe Lease Extensions
Hi. I need someone to have a look at my lease extension prior to it being signed just to make sure there's nothing that I haven't seen - it's just a reissue with a few small changes.
I'm thinking of buying a studio flat (leasehold) but the freeholder has been missing for nearly 15yrs. My query is would it be cheaper to try to purchase the reversionary title or to get a lease extension and apply for right to manage?
The terms for the lease on my apartment in Babbacombe are 101 years from 1 Feb 1988. Please give me a quote for a lease extension if I give you more specifics please?
We have a first floor flat in Babbacombe with 77 years remaining. Ten months ago we were quoted a deal to receive a lease extension for another 25 years but also increase ground rent from nominal to £250 per year..plus a premium I think of about 14k. We have now decided to go ahead but do we now have to renegotiate?
My husband and I had entered into buying a garden flat in Babbacombe. I was advised by the EA that the lease extension had already been completed while on a viewing (61 years left prior to extension). The sales particulars stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that there has been no lease extension. The seller apparently has a quote but no funds to extend as a result the vendor wants to exchange and use the my deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that Lloyds TSB Bank won't lend on a lease?
I am in need of a lease extension for my flat in Babbacombe and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
I own a purpose-built apartment located in a large development in Babbacombe. The leasehold interest in the flat on a 101 year lease which commenced on 30th November 1972 with a set ground rent of £15 per annum. I would like to obtain a lease extension. Can I talk with someone to discuss my options please?
I'm looking at buying an apartment in Babbacombe valued at £210,000 the flat has approximately 71 years unexpired on the lease. I put in an offer subject to a lease extension... .. that was back in August, expecting I'd have completed by Christmas. The seller has just come back saying they are willing to reduce the price by£8k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
I am worried about seeking a lease extension from a difficult landlord. Regardless of the fact that the correct procedures were followed under the appropriate legislation, the landlord still attempted to get ground rent of £250 doubling every twenty years of the new term. Can you help?
Are you able to provide an estimate to extend my aunt’s lease on a one bedroom apartment in Babbacombe. She recently got a figure from the landlord for a lease extension but I am far from certain if it is reasonable.