Bucknall Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Bucknall Lease Extensions
My wife has a flat based in Bucknall which we are about to put on the market. The leasehold has roughly seventy six years residual lease term on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Thank you.
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 899 years unexpired so a lease extension is not an issue. 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 true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any advice would be much appreciated.
I am a freeholder of a block of flats in Bucknall, and the lessees are in the process of being given lease extensions. I anticipate receiving the money next month. Are there any tax implications, the property is co-owned with my wife ?
Ref a residence in Bucknall. lower maisonette. sixety two yrs remaining. I have an agreed lease extension to £20k for 125yrs. Landlord also requested Initial Notice which I think is a tad over the top. Can you assist.
I am looking to buy a one bed flat in Bucknall for asking price of 156k, which has sixety one years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
Me and my husband have owned a leasehold flat for approximately twenty years. There are 57 years left on the lease. Following a year of difficult negotiations through my conveyancing practitioners 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.
I'm living with my mum and dad but have a two bedroom first floor purpose built flat in Bucknall let out which has a 69 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Bucknall for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
Even though I may not need a lease extension but I do need a vesting order on a property I want to purchase in Bucknall. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.
Me and my fiance have been in discussion with our freeholder after having a valuation on our maisonette in Bucknall. We have a sixety six year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a property lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
I own the freehold reversion of a property in Bucknall and a leaseholder would like a lease extension. Her valuer has given a figure of £8,000, but has increased this by £2,000 without too much effort. My valuer has recommended a much higher amount. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to face?