Bishops Waltham Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Bishops Waltham Lease Extensions
I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 70 years residual lease term.
I invested in buying a ground floor flat in Bishops Waltham with a leasehold unexpired of 71 years. I am curious about what it will cost me to extend my lease term
I am going to purchase a flat in Bishops Waltham. The offer is conditional upon a lease extension. The seller’s property lawyers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Clydesdale. Moreover, which are the following lease extension steps to complete the purchase?
I am looking into the costs of carrying out a lease extension for my maisonette in Bishops Waltham, and would like some figures on that.
I am the registered owner of a ground floor flat in Bishops Waltham. I am looking to extend lease on the property. It is about eighty years. I would just like to know what your charges are and how long it would take for completion.
I have a share of the freehold. There are four apartments in the building. All the leaseholders are now requiring lease extensions. Are you willing to help us with this situation?
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?
I'm looking at purchasing a flat in Bishops Waltham at a price of £195,000 the flat has just under 69 years remaining on the lease. I put in an offer conditional upon the lease being extended... .. that was back in September, expecting I'd have completed by Christmas. The owner has just informed me they'll knock £3k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
Me and my husband are acquiring a ground floor flat in Bishops Waltham which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our lawyers to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we have to be patient until the lease extension has actually been registered before completing.?
We are in the throws of buying a flat (a garden flat inBishops Waltham with share of freehold). During our search, we were always looking at flats that had at least 84 years left. We identified a flat we liked and the selling agent promised us that the lease was long albeit not specifying a number. This morning our property lawyers informed us the lease only has 77 years and thus requires a lease extension. Should we walk 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?