Budleigh Salterton Lease Extension - Your Legal Fees Calculator
Questions and Answers: Budleigh Salterton Lease Extensions
My wife has a flat located in Budleigh Salterton which we are about to put on the market. The leasehold has approximately seventy four years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 798 years unexpired so a lease extension is not a worry. 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 25 years without the house being ours. Any help 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?
Think I may have made an error, I am actually looking for a conveyancers in Budleigh Salterton who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
The terms for the lease on my apartment in Budleigh Salterton are 101 years from 14 Feb 1989. Can you give me a quote for a lease extension if I give you more details please?
We are looking to extend our lease. We will have been in the flat for two years as of 13th Feb 2015. It has about 68 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as possible.
I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around fivety six years. I need a lawyers at my end. Can you advise please? I live near Budleigh Salterton and have a mortgage with Barnsley Building Society.
I own the freehold reversion of a property in Budleigh Salterton and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has increased this by £2,000 at the drop of a hat. 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 handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
I require an estimate to extend my mum’s lease on a 2 bed flat in Budleigh Salterton. She recently got a figure from the freeholder for a lease extension but I am far from certain if it is too expensive.
I am currently negotiating a lease extension for my flat in Budleigh Salterton as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?