Birchington Lease Extensions

FAQs concerning Birchington Lease Extensions

I bought a property in Birchington and it has approximately seventy three years balance left. I'd like to arrange a lease extension by twenty years

Hi. I need someone to review my lease extension ahead of it being signed just to make sure there's nothing that I haven't seen - it's just a reissue with a few minor variations.

I would like to have my residential flat leasehold extension premium assessed. The flat is in Birchington, and my lease will reach 67 years this April. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?

Is it possible to talk with you about a leasehold property in Birchington, I am considering bidding at auction next month. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.

I will soon view a two bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has sixety nine years residual lease term on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?

I am looking at bidding for an auction property and came upon a studio flat in Birchington. It has just 50 year lease..the current owner as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this other than the costly fee to put a new lease on it and decreased chance of obtaining a mortgage with Nottingham Building Society?

I am looking to buy a one bed flat in Birchington for asking price of 125k, which has 63 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 query 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?

I'm living with my mum and dad but have a ground floor flat in Birchington let out which has a 65 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 Birchington 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 13k. Not sure sure whether to hold on or sell the flat?

Me and my OH are hoping to buy a property (a ground floor flat located inBirchington with share of freehold). During our search, we were always looking at properties that had a minimum ninety years residual lease term. We found a place we fell in love with and the selling agent assured that the lease term was not an issue. This morning our informed us the lease only has sixety five years and thus requires a lease extension. Should we run away, or do 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 wife and I are worried about seeking a lease extension from tricky freeholder. Notwithstanding that the correct procedures were adhered to under the appropriate legislation, the landlord still tried to get ground rent of £200 increasing by 100% every twenty five years of the new term. Can you help?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Birchington