Bampton Lease Extension - Your Legal Fees Calculator
Questions and Answers: Bampton Lease Extensions
I'm planning to make an offer on a house in Bampton but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Clydesdale giving us the mortgage now?
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 75 years left.
I am the owner of a maisonnette together with the freehold. My downstairs neighbours have asked for a lease extension what do I need to do?
The terms for the lease on my flat in Bampton are 95 years from 15 Sep 1989. Please give me a quote to extend the lease if I give you more specifics please?
I'm looking for an apartment to purchase in Bampton and I'm not really familiar with the leasehold tenure. I've identified a place I like with a 91 years lease. My research reveals that I can apply for a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Barclays Direct?
I am about to view a two bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 55 years remaining on the lease. It is also a repo so I'm assuming that the vendor will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
My mortgage lender requires a £600 fee for their conveyancers to agree a lease extension for my flat in Bampton... I am unable to find any mention of this in my mortgage contract... is this a usual fee to pay?
Me and my OH have owned a leasehold flat for approximately fifteen years. There are fivety four years outstanding on the lease. Following a year of difficult negotiations through my property lawyers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate some independent thoughts.
I note that your website states the anticipated fee to extend a lease is £495. Is that the total cost excluding value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my one bed flat in Bampton
I am currently negotiating a lease extension for my flat in Bampton as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?