Chobham Lease Extension - Your Legal Fees Calculator
Chobham Lease Extensions: Q and A’s
We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 899 years outstanding so a lease extension is not required. 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 help would be much appreciated.
Hello. I need someone to review my lease extension ahead of it being signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small variations.
I am concerned that my daughter is being hoodwinked. She put in an offer on a garden flat in Chobham, where the lease is slightly more fivety six years but she was told by the selling agents that the seller had extended it to 125 years. Only now has she been told the owner was holding off for her to appoint lawyers ahead of instigating the lease extension. Seems underhand, also it may take time to sort it all out. What do you think?
My property lawyers (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?
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 Chobham area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 76 years. I need a solicitors at my end. Can you advise please? I live near Chobham and have a mortgage with Halifax.
If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
My partner and I are buying a one bed flat in Chobham which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our solicitors to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we must be patient until the lease extension has actually been registered before completing.?
I'm seeking some advice with regard to a lease extension on my maisonette. The intention is to do this sometime next year as we have to move 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. Can you recommend a good conveyancers who specialises in lease extensions. Preferably nearby in Chobham?
I have a lease of seventy four years remaining on my flat in Chobham. 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?