Dockland Settlement Lease Extension - Your Legal Fees Calculator
Sample questions relating to Dockland Settlement Lease Extensions
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 68 years unexpired.
We hope to sell our ground floor flat in Dockland Settlement but we may need to extend the lease, or at least cover the expense of our buyers. Can you suggest someone to help us?
I am about to view a one bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy eight years balance left on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
I am a freeholder of a block of flats in Dockland Settlement, and the leaseholders are in the process of being given lease extensions. I anticipate receiving the money next month. Are there any tax implications, the property is co-owned with my wife ?
Regarding a residence in Dockland Settlement. upper maisonette. sixety one yrs unexpired. I have an agreed lease extension to £20k for 125yrs. Freeholder also insisted on Section 42 Notice which I think should not be required. Advice required.
I an interested in finding out more about leasehold property buying. We hope 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 Dockland Settlement area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
I'm living with my mum and dad but have a one bedroom apartment in Dockland Settlement let out which has a 68 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 Dockland Settlement 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 19k. Should I keep or sell the flat?
If a leaseholder 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 fiance and I are acquiring a one bed flat in Dockland Settlement 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 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 house buying process is for our lawyers to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we must be patient until the lease extension has actually been registered before completing.?
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Dockland Settlement