Bishops Waltham Lease Extension - Your Legal Fees Calculator
Sample questions relating to Bishops Waltham Lease Extensions
I'm intending to make an offer on a house in Bishops Waltham but I'm concerned 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 Nationwide Building Society giving us the mortgage now?
I am looking for a solicitors in Bishops Waltham and they need to be on the The Royal Bank of Scotland approved conveyancers panel as we need a lease extension and remortgage simultaneously. Are you able to recommend a conveyancing practitioners ?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I am the owner of a maisonnette together with the freehold title. The owners of the downstairs flat have asked for a lease extension what do I need to do?
I am looking to either purchase the freehold or a lease extension of my property in Bishops Waltham and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously get a new mortgage with Nottingham Building Society to free up equity. The broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease commenced in 1979 and since then the ground rent has increased from £38.00 per year to £200 per annum.
I am about to view a one bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has seventy two years left on the lease. It is also a repo so I'm assuming that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
I am a freeholder of a block of flats in Bishops Waltham, and the leaseholders are in the process of being given lease extensions. I should hopefully get funds next week. As I am not on self assessment do I write to the Inland Revenue ?
I'm living with my parents but have a one bedroom second floor purpose built maisonette in Bishops Waltham let out which has a 61 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 Bishops Waltham 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 21k. Should I keep or sell the flat?
Just a quick one, how much is the premium payable for a lease extension on a residential property in Bishops Waltham for a one bed flat - sec 42 having been issued?
I have seventy three years remaining on my lease of a ground floor flat in Bishops Waltham, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable