Bebington Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Bebington
I'm planning to make an offer on a house in Bebington 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 Birmingham Midshires giving us the mortgage now?
I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 58 years left.
I would like to have my residential flat leasehold extension premium valued. The flat is in Bebington, and my lease will reach 73 years this April. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
I am looking to either purchase the freehold or a lease extension of my property in Bebington and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a remortgage with TSB to release of equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease commenced in 1972 and since then the ground rent has been raised from £15.00 per annum to £125 per annum.
My mortgage provider requires several hundred pounds for their conveyancing practitioners for a "deed of substituted security" for the lease extension for my flat in Bebington... I am unable to find any reference of this in my mortgage literature... is this a standard fee to pay?
I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 60 years. I need a lawyers at my end. Can you advise please? I live near Bebington and have a mortgage with Halifax.
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'm intent on acquiring an apartment in Bebington valued at £210,000 the flat has approximately 62 years left on the lease. I put in an offer conditional upon a lease extension... .. that was back in June, hoping I'd have moved in before now. 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 not sure whether that's a good idea
I own the freehold reversion of a property in Bebington and a leaseholder has requested a lease extension. Her valuer has given a figure of £9,000, but has upped this to £10,000 without too much effort. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to incur?
We know that others in the same block previously had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation fees. Would you recommend this course of action?