My wife and I are thinking about a lease extension for our garden flat based in Bude and we don't fully understand the communication that we got from our landlord company. Can you please help us with this situation?
My name´s Harry. I’m property hunting in Bude I'm thinking about offering on a one bed flat online, with nearon 63 years unexpired lease, how much does it cost on average to get a lease extension by, say, 25 years?
I want to buy a leasehold property and extend the lease. The homeowner has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I have been in touch with my freeholder for a lease extension for my flat in Bude. His has been in contact concerning fees etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started January 1985.
I am going to purchase a flat located in Bude. My offer is subject to the lease extension. The owner’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Accord Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?
I am a FTB of a leasehold flat in Bude. The lease has only seventy one years remaining and ground rent is £75. Is it possible for the current owner to serve the Initial Notice and then transfer over the right to me as the buyer on the day of completion so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the flat owner? To add to the complexity it’s the case of an absent freeholder, so I am not sure how this will play out.
What will I need to spend and what is the best way to get a lease extension started? I have just over sixety three years unexpired lease on my lease on a garden flat in Bude. I have contacted the agent who act on behalf of the freeholder and they sent me the number for the valuer. I telephone the valuer but I am not getting any kind of answer.
We have a leasehold flat in Bude with seventy four years unexpired. Ten months ago we were quoted a deal to grant a lease extension for a further 25 years but also increase ground rent from nominal to a little more..plus a premium I think of about 9k. Finally we have decided to proceed but do we now have to start the negotiations again?
I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy years. I need a at my end. Can you advise please? I live near Bude and have a mortgage with Accord Mortgages Ltd.
I require an estimate to extend my mum’s lease on a garden flat in Bude. She already has a price from the landlord for a lease extension but I am not sure it is too high.
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