We agreed with the freeholder to a lease extension on our flat in Deal, 8.5k for an extension by 90yrs. What's your legal fee ?
My husband and I have just completed on a studio flat based inDeal and I'm thinking about extending the lease as soon as possible e.g. in a couple of years
I am fairly sure that our has advised us incorrectly concerning a lease extension and I want to find out how to complain
We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 928 years residual lease term so a lease extension is not a concern. 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 the house being ours. Any information would be much appreciated.
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I plan on buying a flat based in Deal. My offer is conditional upon a lease extension. The flat owner’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barclays . Moreover, which are the following lease extension steps to complete the purchase?
I'm looking for a flat to buy in Deal and I'm not really familiar with the leasehold arrangement. I've found a garden flat I like with a 87 years lease. I've read that I can go for a lease extension after 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Barclays ?
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
I'm living at mother and father but have a garden flat in Deal let out which has a seventy seven year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Deal for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
I'm looking at acquiring a flat in Deal at a price of £210,000 the flat has something like 60 years unexpired on the lease. My offer was subject to a lease extension... .. that was back in September, expecting I'd have completed by now. They have just informed the agent they are willing to knock £4k off if I deal with the lease extension myself. I'm not sure whether that's a good idea
Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Deal