Ely Lease Extensions Example Support Desk Enquiries
I want to buy a leasehold property and extend the lease. The flat owner has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
We hope to sell our GFF in Ely but we may require a lease extension, or possibly cover the expense of our buyers. Can you suggest someone to handle this?
I have a leasehold apartment in Ely. I have built a huge extension and have not informed the leaseholder. What are my options?
I am in need of a lease extension for my flat in Ely and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
My (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 an interested in finding out more about purchasing a leasehold residence. We plan 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 Ely 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 own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 70 years. I need a at my end. Can you advise please? I live near Ely and have a mortgage with Barclays Direct.
Just been over 2 years that I have owned my ground floor flat in Ely. I have 76 years left on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Ely based or any will do fine?
I'm hoping for some help concerning extending the lease on my apartment. I'll be looking to do this next summer as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
I am currently negotiating a lease extension for my flat in Ely 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?
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