Baschurch Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Baschurch Lease Extensions
I'm intending to make an offer on a house in Baschurch but I'm a little worried 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 TSB giving us the mortgage now?
I am looking to either purchase the freehold or a lease extension of my property in Baschurch and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Chelsea Building Society to free up equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease started in 1991 and since then the ground rent has increased from £38.00 per year to £200 per year.
I own a leasehold flat in Baschurch. I have built a huge extension and have not informed my leaseholder. What should I do?
I am a FTB of a leasehold flat in Baschurch. The lease has just sixety one years balance left and ground rent is £75. Is it possible for the owner to serve the Notice of Claim and then assign over the right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the current owner? To add to the complexity the landlord can not be found, so I am not sure how this will play out.
I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a one bedroom apartment in Baschurch, where the lease is circa 60 years but she was advised by the selling agents that the seller had extended it to 125 years. Only now has she been informed the seller was holding off for her to retain solicitors before commencing with the lease extension. Seems unscrupulous, also it will take time to sort it all out. What do you think?
My wife and I have a ground floor flat in Baschurch with seventy six years left. Ten months ago we were quoted a deal to grant a lease extension for a further 25 years but also increase ground rent from nominal to £300 per year..plus a premium I think of about 16k. Finally we have decided to proceed but do we now have to renegotiate?
I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around sixety five years. I need a conveyancing practitioners at my end. Can you advise please? I live near Baschurch and have a mortgage with Clydesdale.
If a leaseholder owns a flat with a lease of less than 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 extending the lease?
I have a flat in Baschurch with sixety six years unexpired on the lease. I need a solicitors to act for me to get a lease extension. Can you assist?
I am currently in the process of refinancing my three bed flat in Baschurch and the bank that I am looking to switch to needs at least 80 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around 70 years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process