Broseley Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Broseley Lease Extensions
We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 899 years residual lease term so a lease extension is not a concern. 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 guidance would be much appreciated.
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?
The terms for the lease on my apartment in Broseley are 101 years from 10 Feb 1989. Please supply me me a quote for a lease extension if I give you more details please?
I need to talk to you about a flat in Broseley, I am thinking of buying at auction in the next few days. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.
I own a leasehold flat in Broseley. I have built a big extension and have not informed the freeholder. What are my options?
I will soon view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has seventy two years residual lease term on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Broseley. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the garden area.
Me and my partner are hoping to purchase a property (a garden flat located inBroseley with share of freehold). Throughout our search, we were always looking at properties that had at least 83 years residual lease term. We identified a apartment we liked and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our conveyancers advised us the lease only has sixety three years and thus needs a lease extension. Should we run away, or do we negotiate our offer?
I am currently in the process of refinancing my three bed flat in Broseley and the bank that I am looking to move to needs at least 80 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around sixety seven years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Broseley