Baildon Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Baildon
I have been in touch with my freeholder for a lease extension for my flat in Baildon. His property lawyers has been in contact concerning fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started December 1992.
I plan on buying a flat based in Baildon. My offer is conditional upon a lease extension. The homeowner’s solicitors has served the Notice of Claim. 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 Clydesdale. Moreover, which are the following lease extension steps to complete the purchase?
The intention is to sell our one bedroom apartment in Baildon but we may need to extend the lease, or at least cover the expense of our purchaser. Are you able to suggest someone to handle this?
I will soon view a two bedroom flat, although not exactly my ideal 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 fivety nine years outstanding on the lease. It is also a repossession so I'm assuming that the lender will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
Offer accepted on a a one bedroom first floor purpose built maisonette in Baildon, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer come through which states the lease as eighty years.We are soon to exchange contracts in a couple of days. My question is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
We are hoping to purchase a home (a one bedroom apartment based inBaildon with share of freehold). Throughout our search, we were always looking at properties that had at least ninety years left on the lease. We came across a place we fell in love with and the estate agent promised us that the lease term was not an issue. Today our lawyers informed us the lease only has 74 years and thus needs a lease extension. Do we run away, or should 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?
Are you able to provide an estimate to extend my mother’s lease on a studio flat in Baildon. She already has a price from the landlord for a lease extension but I am far from certain if it is reasonable.
I am planning on remortgaging my ground floor flat in Baildon and the mortgage company that I am looking to move to requires at least 85 years remaining on the lease in order for them to progress matters. I have found that I currently have around fivety four years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
I'm looking for some advice with regard to a lease extension on my maisonette in Baildon. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?