Exminster Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Exminster Lease Extensions
I am the registered owner of a property in Exminster and it has slightly more than sixety one years residual lease term. I'd like to extend the lease period
I'm planning to make an offer on a house in Exminster but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Clydesdale giving us the mortgage now?
I have contacted my freeholder to extend my lease for my flat in Exminster. Her solicitors has been in contact concerning fees etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started April 1985.
We invested in buying a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Exminster and are therefore deliberating the option of a vesting order. Is this something you can do for us?
I wondered if you could help me on how much it would financials and the optimum way to start the lease extension process? I have slightly more than 59 years unexpired lease and I own a 2 bed flat in Exminster.
I am the owner of a purpose-built flat based in a large block in Exminster. The leasehold interest in the flat on a 99 year lease which commenced on 30th March 1972 with a set ground rent of £15 per annum. I wish to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
I'm living at mother and father but have a one bed flat in Exminster let out which has a 74 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 Exminster 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 13k. Should I keep or sell the flat?
Me and my husband are in the throws of buying a flat (a garden flat located inExminster with share of freehold). Throughout our search, we were always looking at flats that had at least 84 years left. We found a place we liked and the estate agent promised us that the lease term was not an issue. Yesterday our conveyancing practitioners told us the lease only has seventy seven years and thus requires a lease extension. Should we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
My mother is aware that others in the same building had already had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest this course of action?
I require an estimate to extend my mother’s lease on a two bedroom ground floor purpose built flat in Exminster. She recently got a price from the landlord for a lease extension but I am unclear whether it is reasonable.