Dunston Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Dunston Lease Extensions
I own a leasehold flat in the Dunston area and was wondering whether I could get a lease extension. What are your processes and fees. Has 62 years residual lease term
We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 928 years balance left so a lease extension is not an issue. 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 twenty years without owning the property. Any suggestions would be much appreciated.
Hello. I need someone to have a look at my lease extension before it's signed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.
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 would like to have my residential flat leasehold extension premium valued. The flat is in Dunston, and my lease will reach 66 years this April. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
I have contacted my freeholder for a lease extension for my flat in Dunston. Her conveyancers has been in contact concerning charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started March 1992.
I am a FTB of a leasehold flat in Dunston. The lease has just fivety five years balance left and ground rent is £25. Is it possible for the current owner to serve the Section 42 Notice and then transfer over the right to me as the purchaser on the day of completion so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the flat owner? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.
We are acquiring a three bed flat in Dunston which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our solicitors to do OS1 search on the property title. The concern 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 is not known. Is it right that we have to be patient pending registration of the new lease?
I am planning on remortgaging my one bedroom apartment in Dunston and the next lender that I am looking to move to needs a minimum 80 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around sixety three years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
We have a garden flat in Dunston with a lease of 59 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?