Burford Lease Extension - Your Legal Fees Calculator
Questions and Answers: Burford Lease Extensions
I want to buy a leasehold property and lease extension. The homeowner has been there over two 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 ?
We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 928 years left 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 true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any information would be much appreciated.
I am looking for a solicitors in Burford and they should be on the National Westminster Bank approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend a solicitors ?
I would like to have my residential flat leasehold extension premium assessed. The flat is in Burford, and my lease will reach fivety nine years this February. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
I'm deliberating over purchasing a three bedroom first floor purpose built flat (leasehold) but the freeholder has been missing for roughly 15yrs. I wonder whether it will be less expensive to try to acquire the freehold or to extend lease and apply for RTM?
I need to talk to you about a flat in Burford, I am considering buying at auction next week. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.
Just been over 2 years that I have owned my garden flat in Burford. I have sixety eight yrs unexpired lease on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Burford for a two bed flat - section 42 having been issued?
I own the freehold reversion of a property in Burford where the leaseholder would like a lease extension. Her valuer has suggested a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to incur?
I'm seeking some advice with regard to extending the lease on my apartment. The plan is to do this in nine months time as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?