Dosthill Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Dosthill
I own a studio flat in Dosthill that I now cannot sell as a result of the lease needing a lease extension. Can you please help me with this situation ?
We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 928 years remaining so a lease extension is not a worry. 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 owning the property. Any suggestions would be much appreciated.
Is it possible to talk with you about a flat in Dosthill, I am thinking of bidding at auction in the next few days. The flat only has a few years outstanding and I am curious about what it would cost to get a lease extension and for your services.
I will soon view a two bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has seventy seven years unexpired on the lease. It is also a repossession so I'm guessing that the bank will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
I have my suspicions that my niece is being hoodwinked. She put in an offer on a one bedroom apartment in Dosthill, where the lease is just over 61 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 current owner was waiting for her to appoint conveyancers ahead of instigating the lease extension. Seems underhand, also it will take time to sort it all out. Am I reading too much into it?
We are looking to extend our lease. We will have been in the apartment for 2 years as of 1st April 2015. It has around sixety six years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as is reasonably achievable.
We are are hoping to complete on a garden flat in Dosthill which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced extending the lease. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our conveyancing practitioners to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must be patient pending registration of the new lease?
My mum knows that others in the same block previously had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you suggest this course of action?
I have 67 years remaining on my lease of a ground floor flat in Dosthill, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
I am currently negotiating a lease extension for my flat in Dosthill 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?