Baildon Lease Extension - Your Legal Fees Calculator
Baildon Lease Extensions: Q and A’s
So this is the scenario: I purchased a two bedroom second floor purpose built flat in Baildon that I now cannot sell due to the lease requiring a lease extension. What's your legal fee ?
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?
I would like to have my residential flat leasehold extension premium valued. The flat is in Baildon, and my lease will reach sixety nine years this January. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
I'm looking for a flat to purchase in Baildon and I'm not really familiar with the leasehold concept. I've identified a three bedroom ground floor purpose built maisonette I like with a 90 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Virgin Money?
I own a share of the freehold. There are five apartments in the block. All the leaseholders are now looking for lease extensions. What's your legal fee?
My husband and I are considering buying a maisonette in Baildon which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
We would like to extend our lease having owned the apartment for two years as of 6th May 2016. It has around seventy years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.
My conveyancers (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'm living with my parents but have a three bed flat in Baildon let out which has a 68 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Baildon for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
Do you handle lease extensions on land? (a plot of land in Baildon with 82yrs remaining)