Bozeat Lease Extension - Your Legal Fees Calculator
Questions and Answers: Bozeat Lease Extensions
I purchased a garden flat in Bozeat that I am now unable to sell due to the lease requiring a lease extension. How long will it take ?
I am the registered owner of a property in Bozeat and it has approximately 60 years outstanding. I'd like to extend the lease period
We have seen a house for sale for £215k and we are very interested but we've just found out that it is leasehold. There are 928 years unexpired so a lease extension is not required. 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 the house being ours. Any help would be much appreciated.
I plan on buying a flat in Bozeat. My offer is subject to the lease extension. The current owner’s conveyancers has given to the freeholder the Notice of Claim. 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 The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?
I bought a studio flat in Bozeat. I am looking to extend lease on the property. It is approaching eighty one years. I would just like to know what your charges are and how long it would take for completion.
I am a FTB of a leasehold flat in Bozeat. The lease has only sixety five years remaining and ground rent is £50. Is it possible for the seller to serve the Notice of Claim and then assign over the right to me as the buyer 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 current owner? To add to the complexity the freeholder is absent, so I am not sure how does it work.
My lawyers (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?
I am the freeholder of a Edwardian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 56 years. What are my next steps?
My partner and I are in the throws of buying a property (a garden flat inBozeat with share of freehold). Throughout our search, we were always looking at flats that had at least ninety years residual lease term. We came across a apartment we liked and the selling agent promised us that the lease term was not an issue. Yesterday our property lawyers told us the lease only has 69 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?
I am the registered freeholder of a couple of flats. Someone has the lease on the garden flat in Bozeat. I reside in the top flat. I was reviewing the title deeds recently when I noticed that my flat has a lease on it. There is sixety six years remaining. If I want to do a lease extension then would I simply be paying for the property lawyers costs?