Bradmore Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Bradmore Lease Extensions
I own a property in Bradmore and it has slightly more than 54 years outstanding. I'd like to extend the lease period
I'm planning to make an offer on a house in Bradmore but I'm concerned 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 Barnsley Building Society giving us the mortgage now?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
My mortgage lender requires a £450 fee for their property lawyers for a "deed of substituted security" for the lease extension for my flat in Bradmore... I am unable to find any mention of this in my mortgage literature... is this a normal fee to pay?
We are proceeding with a purchase of a garden flat in Bradmore. I was advised that the lease had been extended (78 years remaining prior to extension). The sales particulars said "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The flat owner apparently has a quote but no finances to extend as a result the homeowner intends to exchange and use the 10% deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
I would like some guidance on leasehold property buying. 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 Bradmore area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
My brother has a share of freehold, with two other leaseholders in a building in Bradmore. House split into three flats. He has a lease, which has roughly 72 years outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
My fiance and I have owned a leasehold flat for approximately twenty years. There are sixety four years remaining on the lease. After a year of protracted negotiations through my property lawyers and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would welcome advice.
We are worried about obtaining a lease extension from a difficult landlord. Regardless of the fact that the legal procedures were followed under the 1993 Act, the freeholder still tried to charge ground rent of £250 doubling every 25 years of the new term. Can you help?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my two bedroom first floor purpose built flat in Bradmore