Burwash Lease Extension - Your Legal Fees Calculator
Sample questions relating to Burwash Lease Extensions
I am the registered owner of a flat in Burwash with a leasehold unexpired approximately fivety five years and need a lease extension. Please can you advise me of the next steps
My partner has an apartment located in Burwash which we have just put on the market. The leasehold has about 71 years residual lease term on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Thank you.
We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 899 years outstanding 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 owning the property. Any suggestions would be much appreciated.
I'm looking for an apartment to buy in Burwash and I'm not really familiar with the leasehold concept. I've identified a place I like with a 87 years lease. I've read that I can go for a lease extension after a couple of years, but:- Is this a given?
I have my suspicions that my niece might have had the wool pulled over her eyes. She put in an offer on a garden flat in Burwash, where the lease is nearon 75 years but she was told by the estate agents that the flat owner had extended it to 99 years. Only now has she been advised the seller was waiting for her to retain conveyancers ahead of instigating the lease extension. Sounds underhand, also it may take months to sort it all out. Am I reading too much into it?
I am in need of a lease extension for my flat in Burwash and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
My father has a share of freehold, with two other leaseholders in a building in Burwash. House divided into three apartments. He has a lease, which has slightly less than sixety seven yrs remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
We are hoping to acquire a flat (a three bedroom first floor purpose built flat located inBurwash with share of freehold). During our search, we were always looking at flats that had at least 83 years residual lease term. We found a apartment we fell in love with and the estate agent assured that the lease term was not an issue. Today our conveyancers told us the lease only has 58 years and therefore requires a lease extension. Should we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
I am currently negotiating a lease extension for my flat in Burwash 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?
I have a lease of 59 years remaining on my flat in Burwash. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?