Duston Lease Extension - Your Legal Fees Calculator
Sample questions relating to Duston Lease Extensions
I’m just looking for a garden flat to purchase in the Duston area and was after more information on what the likely fees would be to extend a lease? It has 62 years remaining...
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'm considering purchasing a ground floor flat (leasehold) but the freeholder has been absent for slightly less than 15yrs. I wonder whether it will be cheaper to try to purchase the reversionary title or to extend lease and apply for right to manage?
My co-lessees and I are in a building made up five flats in Duston and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I am concerned that my niece is being hoodwinked. She submitted an offer on a ground floor flat in Duston, where the lease is nearon sixety one years but she was told by the estate agents that the owner had extended it to 125 years. She has now been told the current owner was holding off for her to retain conveyancers ahead of instigating the lease extension. Sounds odd to me, also it may take time to sort it all out. What do you think?
Just been over two years that I have owned my three bedroom ground floor purpose built flat in Duston. I have sixety three yrs remaining on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Duston based solicitors or any will do fine?
Hello I own the freehold title in a 2 bedroom flat in Duston. The leaseholder has a 73 year lease and would like to purchase an additional 125 years. She is offering me £27,000 but I am unsure if this is a correct amount
We are are hoping to complete on a ground floor flat in Duston which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced dealing with a lease extension. The owner has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our conveyancers to do a pre-completion search on the property title. The concern here is that as a lease extension has been submitted we've been told by our conveyancing practitioners 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 wait until the new lease is registered?
I have sixety years remaining on my lease of a ground floor flat in Duston, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
We have a garden flat in Duston with a lease of 74 years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?