Burton Joyce Lease Extension - Your Legal Fees Calculator
Common questions relating to Burton Joyce Lease Extensions
I'm wanting to make an offer on a house in Burton Joyce but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Clydesdale giving us the mortgage now?
I am a FTB of a leasehold flat in Burton Joyce. The lease has only 66 years residual lease term and ground rent is £75. Is it possible for the flat owner to serve the Initial Notice and then transfer over the right to me as the purchaser once I complete the buying process so that I can avoid waiting 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 legal but will it be very time consuming to the seller? Unfortunately the freeholder is absent, so I am not sure how does it work.
I am a freeholder of a block of flats in Burton Joyce, and the tenants are in the process of being given lease extensions. I anticipate receiving funds within a month or so. How does the tax work, the property is co-owned with my wife ?
We have a residential flat in Burton Joyce with sixety nine years unexpired. Last year we were quoted a deal to receive a lease extension for a further thirty years but also increase ground rent from notional to a little more..plus a premium I think of about 14k. Finally we have decided to go ahead but do we now have to start the negotiations again?
I intend to buy a one bed flat in Burton Joyce for asking price of 145k, which has 64 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 the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
We have owned a leasehold flat for approximately fifteen years. There are sixety years left on the lease. After a year of protracted negotiations through my property lawyers and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate some independent thoughts.
I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the total cost including value added tax and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my 2 bed flat in Burton Joyce
I have a flat in Burton Joyce with 69 years left on the lease. I am looking for a conveyancers to help me obtain a lease extension. Can you help?
I'm looking at buying a flat in Burton Joyce valued at £195,000 the flat has approximately 71 years left on the lease. My offer was conditional upon the lease being extended... .. that was back in September, expecting I'd have moved in before now. The owner has just informed the agent they are willing to knock £4k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
We are in the throws of buying a flat (a one bedroom apartment based inBurton Joyce with share of freehold). During our search, we were always looking at apartments that had at least eighty five years left. We identified a flat we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Today our conveyancers informed us the lease only has 76 years and therefore needs a lease extension. Do we walk away, or should we reduce our offer?