Botley Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Botley Lease Extensions
I am looking to extend the lease on my one bedroom apartment in Botley which will have sixety seven years unexpired lease in November. What fees apply?
I'm about to make an offer on a house in Botley 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 TSB giving us the mortgage now?
Hi. I need a property lawyers to review my lease extension before it's formalised just to make sure there's nothing that I haven't seen - it's just a reissue with a few small changes.
Last year I purchased a leasehold apartment in Botley. I have built a big extension and have not informed the freeholder. What should I do?
I am a first time buyer of a leasehold flat in Botley. The lease has just seventy five years outstanding and ground rent is £95. Is it possible for the owner to serve the Section 42 Notice and then transfer over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the seller? To add to the complexity the freeholder is absent, so I am not sure how this will play out.
I am looking for advice as I am interested in a property that has only a seventy seven year lease and therefore requires a lease extension. Can I call someone to go through my options please?
My conveyancers (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 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 have a freehold of a 2 bedroom flat in Botley. The leaseholders have sixety seven years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
I am the freeholder of a property in Botley and a leaseholder has requested a lease extension. Her valuer has suggested a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My surveyor has recommended a much higher figure. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to face?