Byfleet Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Byfleet Lease Extensions
We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 899 years unexpired so a lease extension is not an issue. 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 suggestions would be much appreciated.
I would like to have my residential flat leasehold extension premium valued. The flat is in Byfleet, and my lease will reach seventy five years this April. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
I plan on buying a flat in Byfleet. My offer is subject to the lease extension. The flat owner’s conveyancers has given to the freeholder the Notice of Claim. 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 Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?
I am concerned that my daughter is being hoodwinked. She submitted an offer on a one bedroom first floor purpose built flat in Byfleet, where the lease is just under 60 years but she was told by the selling agents that the vendor had extended it to 125 years. Only now has she been told the owner was waiting for her to retain conveyancers prior to commencing with the lease extension. Sounds underhand, also it may take a while to sort it all out. Am I being too sceptical?
We have owned a leasehold flat for approximately eighteen years. There are 76 years remaining on the lease. Following a year of difficult negotiations through my 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 LVT and would appreciate advice.
I am planning to extend the lease on my garden flat in Byfleet I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
I'm living with my parents but have a ground floor flat in Byfleet let out which has a 67 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Byfleet for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
I have a freehold of a 2 bedroom flat in Byfleet. The leaseholders have 68 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
I'm intent on acquiring an apartment in Byfleet at a price of £195,000 the flat has something like 59 years unexpired on the lease. I put in an offer conditional upon the lease being extended... .. that was back in August, expecting I'd be in before now. They have just come back saying they'll knock £3k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
I'm looking for some advice with regard to a lease extension on my two bedroom second floor purpose built maisonette in Byfleet. I'll be looking to do this sometime next year as we need to move at some point 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 extend it now or wait until I sell my place and have it all tied in with the property sale?