Bishops Castle Lease Extension - Your Legal Fees Calculator
Bishops Castle Lease Extensions Example Support Desk Enquiries
Hello, I just randomly found your site. I'm seeking prices on what a lease extension will cost for a one bed apartment located in Bishops Castle. It's up for sale at the moment but has nearon 57 years left on the lease
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 899 years left 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 correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any feedback would be much appreciated.
I am looking for a conveyancers in Bishops Castle and they need to be on the Lloyds TSB Bank approved conveyancers panel as we need a lease extension and remortgage simultaneously. Are you able to recommend any please ?
I am a first time buyer of a leasehold flat in Bishops Castle. The lease has just 73 years outstanding and ground rent is £25. Is it possible for the current owner to serve the Notice of Claim and then transfer over the right to me as the purchaser on the day of completion 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 achievable but will it be very time costly to the homeowner? Unfortunately it’s the case of an missing freeholder, so I am not sure how does it work.
I am looking at purchasing an auction property and identified a one bed flat in Bishops Castle. It only has a 48 year lease..the vendor as mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this except for the costly fee to put a new lease on it and decreased chance of getting a mortgage with National Westminster Bank?
My wife and I have a first floor flat in Bishops Castle with 54 years to run. Ten months ago we were quoted a deal to grant a lease extension for another thirty years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 9k. Finally we have decided to move forward but do we now have to start the negotiations again?
I am seeking advice as I am interested in a property that has only a seventy seven year lease and therefore requires a lease extension. Can I call someone to go through my options please?
My wife and I are aware that others in the same building had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Would you suggest this course of action?
Are you able to provide an estimate to extend my aunt’s lease on a one bedroom apartment in Bishops Castle. She already has a figure from the freeholder for a lease extension but I am not sure it is too expensive.
I am planning on refinancing my garden flat in Bishops Castle and the bank that I am looking to switch to needs a minimum 80 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around 56 years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension