Broadclyst Lease Extension - Your Legal Fees Calculator
Common questions relating to Broadclyst Lease Extensions
I am considering investing in a second home but it has a lease that expires in 14 years. Its in Broadclyst - I wanted to see if with your services it is possible for this to be extended?
I am looking into the costs of carrying out a lease extension for my GFF in Broadclyst, and would like some figures on that.
I wondered if you could help me on how much it would financials and the best way to start the lease extension process? I have roughly fivety four years unexpired lease and I own a three bedroom second floor purpose built maisonette in Broadclyst.
I have my suspicions that my niece is being hoodwinked. She submitted an offer on a ground floor flat in Broadclyst, where the lease is nearon 65 years but she was informed by the selling agents that the current owner had extended it to 99 years. She has now been advised the current owner was holding off for her to instruct lawyers ahead of instigating the lease extension. Sounds odd to me, also it may take months to sort it all out. Am I reading too much into it?
I am seeking advice as I am interested in a property that has only a fivety six year lease and therefore requires a lease extension. Is it possible for me to call someone to discuss my options please?
My solicitors (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 an interested in finding out more about purchasing a leasehold residence. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Broadclyst area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
If somebody 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 extending the lease?
I own the freehold of a couple of flats. Someone has the lease on the lower flat in Broadclyst. I live in the top flat. I was looking at the title deeds last night when I noticed that my flat has a lease on it. There is sixety seven years left. If I want a lease extension then would I simply be paying for the property lawyers costs?
We know that others in the same building previously had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?