Belmont Lease Extension - Your Legal Fees Calculator
Questions and Answers: Belmont Lease Extensions
My name´s Samuel. I’m house hunting in Belmont I'm seeing a maisonette online, with about 65 years left, how much does it cost on average to get a lease extension by, say, thirty years?
I am the registered owner of a garden flat located in Belmont with a leasehold unexpired of fivety six years. I am curious about what I will need to spend to extend my lease term
I inherited a one bedroom apartment in Belmont. The start date for the lease was in 1997 for 99 years. Now I am looking to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
I plan on buying a flat in Belmont. My offer is subject to the lease extension. The homeowner’s lawyers has given to the freeholder the Section 42 Notice. 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 Chelsea Building Society. Moreover, which are the following lease extension steps to complete the purchase?
Offer accepted on a a one bedroom second floor purpose built maisonette in Belmont, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.Contracts were due to be exchanged within a week. My question is how is possible that the estate agent got it so wrong?
I intend to buy a one bed flat in Belmont for asking price of 145k, which has fivety six years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
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?
Coming up to two years that I have been in my one bed flat in Belmont. I have sixety two yrs remaining on the lease. I am now looking either to purchase a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Belmont based solicitors or any will do fine?
Although I do not need a lease extension but I do need a vesting order on a property I want to purchase in Belmont. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the rear garden.
I have a lease of fivety eight years remaining on my flat in Belmont. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?