Filey Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Filey Lease Extensions
I plan on buying a flat located in Filey. My offer is conditional upon a lease extension. The seller’s lawyers has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barnsley Building Society. Moreover, which are the following lease extension steps to complete the purchase?
The intention is to sell our GFF in Filey but we may require a lease extension, or possibly cover the expense of our purchaser. Can you recommend someone to undertake the legal formalities?
Are you able to advise on the likely expense and the best way to get a lease extension started? I have nearly fivety four years outstanding and I own a studio flat in Filey.
Offer accepted on a a garden flat in Filey, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.We are about to exchange contracts within a week. My question is Is it not odd that my conveyancing practitioners didn't pick this up far earlier than just before exchange?
I am the owner of a purpose-built apartment in a large development in Filey. The leasehold interest in the apartment on a 99 year lease which commenced on 21st October 1972 with a set yearly rent of 45. I would like to obtain a lease extension. Is it possible for me to call someone to go through my options please?
I'm living at mother and father but have a maisonette in Filey let out which has a 63 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 Filey 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?
I'm intent on acquiring a flat in Filey at a price of £210,000 the flat has just under 79 years unexpired on the lease. I put in an offer conditional upon a lease extension... .. that was back in September, expecting I'd have completed by now. The seller has just come back saying that they are prepared to knock £5k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
We currently own a three bedroom first floor purpose built maisonette in Filey and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 58 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?
I am currently negotiating a lease extension for my flat in Filey 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?
Do you handle lease extensions on land? (a plot of land in Filey with 82yrs remaining)