Bishops Lydeard Lease Extension - Your Legal Fees Calculator
FAQs concerning Bishops Lydeard Lease Extensions
My name´s Ethan. I’m house hunting in Bishops Lydeard I'm considering offering on a one bedroom apartment online, with nearly 77 years outstanding, how much will it likely cost to extend in this location by, say, twenty years?
I'm wanting to make an offer on a house in Bishops Lydeard but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Barclays Direct giving us the mortgage now?
I have my suspicions that my daughter might have had the wool pulled over her eyes. She submitted an offer on a one bedroom apartment in Bishops Lydeard, where the lease is roughly 74 years but she was told by the selling agents that the current owner had extended it to 99 years. She has now been informed the current owner was holding off for her to instruct lawyers ahead of instigating the lease extension. Seems devious, also it will take months to sort it all out. Am I reading too much into it?
Me and my husband had entered into a purchase of a 2 bed flat in Bishops Lydeard. I was assured that the lease had been extended (seventy two years outstanding prior to extension). The sales particulars said "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The owner supposedly has a quote but no money to extend as a result the homeowner wants to exchange and use the my deposit for the lease extension. My question is why has this only just been brought to my attention by my conveyancers?
My husband and I have been in discussion with our freeholder after having a valuation on our maisonette in Bishops Lydeard. We have a 58 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
I'm looking at acquiring a flat in Bishops Lydeard at a price of £210,000 the flat has something like fivety nine years unexpired on the lease. I put in an offer subject to the lease being extended... .. that was back in September, hoping I'd have moved in by now. They have just informed the agent that they are prepared to reduce the price by£8k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
We are hoping to purchase a property (a garden flat inBishops Lydeard with share of freehold). Throughout our search, we were always looking at properties that had at least ninety years left. We identified a apartment we fell in love with and the estate agent assured that the lease term was not an issue. Yesterday our lawyers told us the lease only has sixety seven years and therefore 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?
I own the freehold of a couple of flats. Someone has the lease on the ground flat in Bishops Lydeard. I reside in the top flat. I was reviewing the title deeds recently when I noticed that my flat has a lease on it. There is seventy six years left on the lease. If I want to do a lease extension then would I just be paying for the solicitors fees?
Do you handle lease extensions on land? (a plot of land in Bishops Lydeard with 82yrs remaining)
I have a lease of 68 years remaining on my flat in Bishops Lydeard. 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?