Darley Abbey Lease Extension - Your Legal Fees Calculator
Common questions relating to Darley Abbey Lease Extensions
My partner has a flat in Darley Abbey which we have just put on the market. The leasehold has about fivety seven 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 get started on a lease extension? Many thanks.
I have contacted my freeholder for a lease extension for my flat in Darley Abbey. His conveyancing practitioners has been in contact with costs etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started October 1992.
I am deliberating whether to purchase the freehold or a lease extension of my property in Darley Abbey and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Bank of Scotland to free up equity. The adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease began in 1972 and since then the ground rent has increased from £15.00 per year to £125 per year.
I have my suspicions that my daughter is being hoodwinked. She put in an offer on a three bed flat in Darley Abbey, where the lease is nearly fivety six years but she was advised by the selling agents that the vendor had extended it to 99 years. Only now has she been advised the vendor was holding off for her to appoint lawyers ahead of instigating the lease extension. Sounds unscrupulous, also it could take time to sort it all out. Am I being too sceptical?
My mortgage provider requires several hundred pounds for their solicitors to approve the lease extension deed for my flat in Darley Abbey... I can find no mention of this in my mortgage contract... is this a normal cost that they charge?
Ref a property in Darley Abbey. lower maisonette. 70 yrs remaining. I have negotiated a lease extension price of £20k for 125yrs. Freeholder also requested Notice of Claim which I think should not be required. Can you assist.
My nephew has a share of freehold, with two other leaseholders in a building in Darley Abbey. House converted into three apartments. He has a lease, which has approximately 58 years remaining. How much would it cost for a lease extension and how many years would he need to extend by?
I am hoping to extend the lease on my one bedroom apartment in Darley Abbey I am looking for a local company to calculate the premium. I have a price from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
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?
We are buying a studio flat in Darley Abbey which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced dealing with a lease extension. The owner has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our conveyancing practitioners to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we have to hold on pending registration of the new lease?