Bournville Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Bournville Lease Extensions
I own a leasehold flat in the Bournville area and was enquiring if I could get a lease extension. What are your processes and fees. Has seventy one years balance left
I inherited a one bedroom apartment based in Bournville with a leasehold unexpired of sixety three years. I am wondering about what it will cost me to extend my leasehold
I plan on buying a flat located in Bournville. The offer is conditional upon a lease extension. The homeowner’s 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 Barnsley Building Society. Moreover, which are the following lease extension steps to complete the purchase?
I'm deliberating over buying a maisonette (leasehold) but the freeholder has been missing for nearly 15yrs. My question is would it be cheaper to try to acquire the freehold or to get a lease extension and apply for right to manage?
I am looking to either purchase the freehold or a lease extension of my property in Bournville 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 Virgin Money to release of equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease started in 1972 and since then the ground rent has increased from £25.00 per annum to £300 per annum.
I am about to view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 55 years unexpired on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
My mortgage lender is requesting several hundred pounds for their property lawyers to approve the lease extension deed for my flat in Bournville... I am unable to find any mention of this in my mortgage literature... is this a standard cost that they charge?
I am looking to buy a one bed flat in Bournville for asking price of 145k, which has seventy one 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 surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
I have a leasehold property in Bournville with sixety seven years unexpired on the lease. I am looking for a property lawyers to help me get a lease extension. Can you assist?
I have a lease of 67 years remaining on my flat in Bournville. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?