Bootle Lease Extension - Your Legal Fees Calculator
Bootle Lease Extensions: Q and A’s
We agreed with the landlord to a lease extension on our flat in Bootle, 11.5k for an additional 90yrs. How long will it take ?
I'm considering purchasing a two bedroom second floor purpose built flat (leasehold) but the freeholder has been missing for circa 15yrs. I wonder whether it will be less expensive to try to purchase the reversionary title or to get a lease extension and apply for right to manage?
I would like to know the likely charges and the optimum way to start the lease extension process? I have nearon 73 years left and I own a garden flat in Bootle.
I intend to buy a one bed flat in Bootle for asking price of 156k, which has sixety three 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 the freeholder 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 am the owner of a purpose-built flat in a small block in Bootle. The leasehold interest in the flat on a 101 year lease started from 11th October 1972 with a non-reviewable yearly rent of 35. I wish to obtain a lease extension. Can I call someone to discuss my options please?
My conveyancing practitioners (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
If a leaseholder owns a flat with a lease of less than 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 doing it?
Me and my partner are purchasing a garden flat in Bootle which has share of freehold and a leasehold. The lease was starting to get low so the vendor 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. An essential part of the conveyancing process is for our conveyancers to do a pre-completion search on the property title. The concern here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to hold on pending registration of the new lease?
I am the registered freeholder to two flats. Someone has the lease on the garden flat in Bootle. I reside in the upper flat. I was looking at the title deeds last night when I noticed that my flat is leasehold. There is 70 years balance left. Is it possible to carry out a lease extension without instructing a solicitors?
I have fivety seven years remaining on my lease of a ground floor flat in Bootle, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable