Byker and Walker Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Byker and Walker Lease Extensions
Hi, I am looking somewhere around or in Byker and Walker 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
I am looking to purchase a maisonette in Byker and Walker with a lease of 56 years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I plan on buying a flat based in Byker and Walker. My offer is subject to the lease extension. The owner’s lawyers 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 Britannia. Moreover, which are the following lease extension steps to complete the purchase?
My co-lessees and I are in a block consisting of four flats in Byker and Walker and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
My husband and I are considering purchasing a garden flat in Byker and Walker which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
Just been over 2 years that I have been in my three bed flat in Byker and Walker. I have sixety eight years remaining on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 445k. 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 Byker and Walker based conveyancing practitioners or any will do fine?
I'm intent on purchasing a flat in Byker and Walker at a price of £195,000 the flat has approaching sixety five years left on the lease. My offer was subject to the lease being extended... .. that was back in June, hoping I'd have moved in before now. They have just informed me they are willing to reduce the price by£8k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
My father is concerned about getting a lease extension from tricky freeholder. Regardless of the fact that the legal procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £300 increasing by 100% every twenty five years of the new term. Can you help?