Bideford Lease Extension - Your Legal Fees Calculator
Common questions relating to Bideford Lease Extensions
So this is the scenario: I bought a three bed flat in Bideford that I am now unable to sell due to the lease needing a lease extension. What's your solicitors fee ?
I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Bideford - I wanted to see if with your services it is possible for this to be extended?
I am going to purchase a flat based in Bideford. My offer is conditional upon a lease extension. The current owner’s conveyancers has served 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 The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?
I am a FTB of a leasehold flat in Bideford. The lease has just 78 years unexpired and ground rent is £75. Is it possible for the current owner to serve the Section 42 Notice and then assign over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the two 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 is legal but will it be very time consuming to the vendor? Unfortunately the landlord can not be found, so I am not sure how this will play out.
My mortgage provider is requesting several hundred pounds for their solicitors to agree a lease extension for my flat in Bideford... I am unable to find any reference of this in my mortgage contract... is this a standard charge?
My solicitors (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 an interested in finding out more about purchasing a leasehold residence. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Bideford area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
I'm living with my mum and dad but have a three bed flat in Bideford let out which has a fivety eight 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 Bideford 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 19k. Not sure sure whether to hold on or sell the flat?
I have a freehold of a one bedroom flat in Bideford. The leaseholders have 68 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
I own the freehold reversion of a property in Bideford where the leaseholder has requested a lease extension. Her valuer has provided a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My surveyor has put forward a much higher premium. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to face?