Dingle Lease Extension - Your Legal Fees Calculator
Common questions relating to Dingle Lease Extensions
I have just acquired a studio flat based inDingle and I'm considering a lease extension as soon as possible e.g. after 24 months of ownership
I am considering investing in a second home but it has a lease that expires in twenty years. Its in Dingle - I wanted to see if with your services it is possible for this to be extended?
I'm intending to make an offer on a house in Dingle 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 Barclays Direct giving us the mortgage now?
How much will it cost me and what is the best way to get a lease extension started? I have just over 58 years outstanding on my lease on a three bed flat in Dingle. I have called the managing agents who represent the landlord and they provided me with the number for the surveyor. I have contacted the surveyor but I am not getting any calls back.
My wife and I have a first floor flat in Dingle with sixety years remaining. Last year we were quoted a deal to receive a lease extension for a further fifty years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 14k. We have now decided to proceed but do we now have to renegotiate?
My brother and I had entered into a purchase of a one bedroom apartment in Dingle. I was advised by the EA that the lease extension had already been completed while on a viewing (seventy three years remaining prior to extension). The description on the listing stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The homeowner supposedly has a quote but no finances to extend and consequently the homeowner intends to exchange and use the deposit monies for the lease extension. My question is how is possible that the estate agent got it so wrong?
I am looking to buy a one bed flat in Dingle for asking price of 145k, which has seventy four years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
My solicitors (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 am planning to extend the lease on my three bedroom ground floor purpose built maisonette in Dingle I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
If a leaseholder owns a flat with a lease of less than 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?