Colwall Lease Extension - Your Legal Fees Calculator
FAQs concerning Colwall Lease Extensions
I own a flat in Colwall with a leasehold unexpired about 56 years and need a lease extension. Please can you clarify the next stages
I am a first time buyer of a leasehold flat in Colwall. The lease has just seventy years unexpired and ground rent is £25. Is it possible for the seller to serve the Notice of Claim 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 requisite 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 absent landlord, so I am not sure how does it work.
I own a share of the freehold. There are three apartments in the house. All the leaseholders are now looking for lease extensions. What are the timescales to grant a lease extension?
My OH and I had entered into a purchase of a 2 bed flat in Colwall. I was advised by the EA that the lease extension had already been completed while on a viewing (69 years unexpired lease prior to extension). The description on the listing stated "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The current owner supposedly has a quote but no funds to extend and consequently the current owner wishes to exchange and use the deposit monies for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
I an interested in finding out more about purchasing a leasehold residence. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Colwall area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around fivety nine years. I need a property lawyers at my end. Can you advise please? I live near Colwall and have a mortgage with Clydesdale.
I am the registered freeholder to two flats. Someone has the lease on the lower flat in Colwall. I occupy in the upper flat. I was reviewing the land registry documents today when I noticed that my flat has a lease on it. There is seventy two years left. If I want to do a lease extension then would I simply be paying for the conveyancing practitioners costs?
I'm hoping for some assistance with regard to a lease extension on my maisonette. I'll be looking 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 LVT route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
I am concerned about obtaining a lease extension from tricky landlord. Even though the legal procedures were adhered to under the 1993 Act, the landlord still attempted to get ground rent of £200 increasing by 100% every twenty years of the new lease. Can you help?
I am currently negotiating a lease extension for my flat in Colwall as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?