I bought a maisonette in Budleigh Salterton that I am finding difficult to sell due to the lease requiring a lease extension. What's your solicitors fee ?
I am fairly sure that our property lawyers has advised us incorrectly concerning a lease extension and I would like to know how to go about making a formal complaint
We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 899 years balance left 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 true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.
I am looking for a solicitors in Budleigh Salterton and they should be on the Platform Home Loans Ltd approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
I plan on buying a flat located in Budleigh Salterton. My offer is conditional upon a lease extension. The vendor’s lawyers has served 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 Barclays Direct. Moreover, which are the following lease extension steps to complete the purchase?
I am looking to buy a one bed flat in Budleigh Salterton for asking price of 156k, which has sixety one years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
I would like some guidance on purchasing a leasehold residence. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Budleigh Salterton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
I am the freeholder of a Victorian property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 65 years. What are my next steps?
Coming up to 2 years that I have owned my studio flat in Budleigh Salterton. I have 73 years remaining on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Budleigh Salterton based conveyancers or any will do fine?
I am the freeholder of a property in Budleigh Salterton where the leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My valuer has recommended a much higher figure. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to incur?