Bitterne Lease Extension - Your Legal Fees Calculator
Bitterne Lease Extensions: Q and A’s
Me and my partner have just acquired a 2 bed apartment inBitterne and I'm thinking about a lease extension as soon as practicable e.g. after 24 months of ownership
My wife has an apartment located in Bitterne which we have just put on the market. The leasehold has just over sixety seven years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 798 years balance 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 twenty years without owning the property. Any advice would be much appreciated.
I am looking to buy a studio flat in Bitterne with a lease of seventy six years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I am considering whether to purchase the freehold or a lease extension of my property in Bitterne and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Coventry Building Society to free up equity. The broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease commenced in 1979 and since then the ground rent has increased from £25.00 per year to £100 per year.
I am concerned that my niece is being hoodwinked. She submitted an offer on a three bedroom ground floor purpose built flat in Bitterne, where the lease is about seventy five years but she was advised by the estate agents that the vendor had extended it to 125 years. Only now has she been told the seller was waiting for her to appoint conveyancers before commencing with the lease extension. Seems underhand, also it may take months to sort it all out. What do you think?
I intend to buy a one bed flat in Bitterne for asking price of 125k, which has fivety four years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord 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 would like some help on purchasing a leasehold residence. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Bitterne area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
I'm looking at purchasing a flat in Bitterne at a price of £210,000 the flat has just under 58 years left on the lease. My offer was conditional upon the lease being renewed... .. that was back in November, hoping I'd have moved in by now. They have just come back saying that they are prepared to reduce the price by£7k if I deal with the lease extension myself. I'm not sure whether that's a good idea
I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Bitterne