Cherry Burton Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Cherry Burton Lease Extensions
I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leaseholders want a lease extension and I'm enquiring about the the process
We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 928 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 owning the property. Any guidance would be much appreciated.
I bought a studio flat in Cherry Burton. I am looking to extend lease on the property. It is circa 80 years. I would just like to know what your charges are and how long it would take for completion.
I'm looking for a flat to purchase in Cherry Burton and I'm not really familiar with the leasehold arrangement. I've identified a one bed flat I like with a 90 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Is this a given?
I will soon view a one bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 60 years remaining on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
My partner and I have a leasehold flat in Cherry Burton with 78 years unexpired. Ten months ago we were quoted a deal to have a lease extension for a further 25 years but also uplift the ground rent from nominal to £300 per annum..plus a premium I think of about 10k. We have now decided to go ahead but do we now have to start the negotiations again?
I an interested in finding out more about leasehold property buying. We plan to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Cherry Burton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
My dad has a share of freehold, with two other leaseholders in a building in Cherry Burton. House divided into three flats. He has a lease, which has about sixety nine years outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Cherry Burton for a two bed flat - sec 42 is already in place?
I own the freehold of a couple of flats. Someone has the lease on the garden flat in Cherry Burton. I reside in the top flat. I was reviewing the title deeds yesterday when I noticed that my flat has a lease on it. There is seventy one years left on the lease. Is it possible to carry out a lease extension without instructing a lawyers?