Babbacombe Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Babbacombe
We agreed with the freeholder to a lease extension on our flat based in Babbacombe, 7k for another 90yrs. How long is the process ?
My mortgage provider requires a £600 fee for their conveyancing practitioners for a "deed of substituted security" for the lease extension for my flat in Babbacombe... I am unable to find any mention of this in my mortgage guide... is this a normal charge?
I would like some help on purchasing a leasehold residence. We hope to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Babbacombe area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
Just been over 2 years that I have owned my studio flat in Babbacombe. I have 59 years remaining on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 450k. 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: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to LVT)?
Hello I own the freehold interest in a one bedroom flat in Babbacombe. The leaseholder has a sixety nine year lease and would like to purchase another 125 years. She is offering me £27,000 but I am unsure if this is too low an offer
I'm looking at acquiring a flat in Babbacombe at a price of £256,000 the flat has approximately sixety four years unexpired on the lease. My offer was conditional upon the lease being extended... .. that was back in June, expecting I'd have moved in before Christmas. They have just come back saying that they are prepared to knock £4k off if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
My partner and I are purchasing a garden flat in Babbacombe which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced extending the lease. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our lawyers to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to hold on until the new lease is registered?
We currently own a maisonette in Babbacombe 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 74 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bedroom second floor purpose built flat in Babbacombe
We have a one bedroom apartment in Babbacombe with a lease of 74 years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?