Birchgrove Lease Extension - Your Legal Fees Calculator
Common questions relating to Birchgrove Lease Extensions
We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 798 years unexpired so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any guidance would be much appreciated.
I am looking to buy a maisonette in Birchgrove with a lease of seventy five years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
We are selling our one bedroom apartment in Birchgrove but we may need to extend the lease, or possibly cover the expense of our purchaser. Can you help me find a property lawyers to assist?
We would like to extend our lease having owned the apartment for two years as of 22nd Jan 2016. It has approximately fivety seven years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?
I intend to buy a one bed flat in Birchgrove for asking price of 145k, which has fivety four years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
If a leaseholder owns a flat with a lease of under 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?
Me and my OH are hoping to purchase a flat (a garden flat located inBirchgrove with share of freehold). During our search, we were always looking at flats that had a minimum ninety years residual lease term. We came across a place we liked and the selling agent assured that the lease term was not an issue. This morning our property lawyers informed us the lease only has seventy one years and thus requires a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
My and my husband are concerned about getting a lease extension from an objectionable landlord. Even though the legal procedures were adhered to under the 1993 Act, the landlord still attempted to charge ground rent of £200 doubling every 25 years of the new lease. Can you help?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Birchgrove