Buckfastleigh Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Buckfastleigh Lease Extensions
I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm curious about the procedure for this
I have got a leasehold flat in the Buckfastleigh area and was enquiring if I could obtain a lease extension. What are your processes and charges. Has sixety seven years remaining
I am about to put an offer in on a studio flat in Buckfastleigh with a lease of 63 years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I'm looking for a flat to buy in Buckfastleigh and I'm not really familiar with the leasehold arrangement. I've identified a ground floor flat I like with a 91 years lease. I've read that I can apply for a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Britannia?
I will soon view a one bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 77 years residual lease term on the lease. It is also a repossession so I'm guessing that the bank will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
Are you able to advise on how much it would financials and the optimum way to start the lease extension process? I have nearly seventy three years outstanding and I own a maisonette in Buckfastleigh.
I am concerned that my daughter might have had the wool pulled over her eyes. She submitted an offer on a ground floor flat in Buckfastleigh, where the lease is nearly 57 years but she was told by the selling agents that the homeowner had extended it to 125 years. Only now has she been informed the homeowner was waiting for her to retain lawyers before commencing with the lease extension. Seems unscrupulous, also it may take months to sort it all out. Am I reading too much into it?
I am hoping to extend the lease on my two bedroom second floor purpose built maisonette in Buckfastleigh I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
We know that others in the same block had already had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on previous prices . This would save on double valuation fees. Would you recommend this course of action?
I have 59 years remaining on my lease of a ground floor flat in Buckfastleigh, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high