Chesterton Lease Extension - Your Legal Fees Calculator
Questions and Answers: Chesterton Lease Extensions
Me and my wife have just acquired a one bedroom apartment inChesterton and I'm deliberating a lease extension as soon as possible e.g. after two years
I invested in buying a flat in Chesterton with a leasehold unexpired around seventy two years and need a lease extension. Please can you clarify the next steps
My wife has a flat based in Chesterton which we have just put on the market. The leasehold has nearon 68 years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
I'm about to make an offer on a house in Chesterton but I'm concerned 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 Skipton Building Society giving us the mortgage now?
We are in a building containing four flats in Chesterton 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?
I am deliberating whether to purchase the freehold or a lease extension of my property in Chesterton and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Barnsley Building Society to free up equity. My adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease started in 1981 and since then the ground rent has increased from £15.00 per annum to £100 per year.
I am a FTB of a leasehold flat in Chesterton. The lease has just 55 years outstanding and ground rent is £75. Is it possible for the vendor to serve the Initial Notice and then assign this right to me as the purchaser once I complete the buying process so that I don't have to wait for the two year qualifying 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 homeowner? To add to the complexity it’s the case of an missing freeholder, so I am not sure how does it work.
I am a landlord of a block of flats in Chesterton, and the lessees are in the process of being issued lease extensions. I anticipate receiving the money within a month or so. Are there any tax implications, the property is in joint names with my partner ?
My brother and I have owned a leasehold flat for about twenty years. There are sixety two years unexpired lease on the lease. Following a year of difficult negotiations through my conveyancers and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.
We currently own a garden flat in Chesterton and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety four years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?