Finningley Lease Extension - Your Legal Fees Calculator
Finningley Lease Extensions: Q and A’s
Hi, I just randomly found this website. I'm looking for prices on what a lease extension will cost for a garden flat located in Finningley. It's up for sale at the moment but has around sixety five years left on the lease
I am going to purchase a flat located in Finningley. The offer is conditional upon a lease extension. The owner’s lawyers has given to the freeholder the Section 42 Notice. 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 Aldermore. Moreover, which are the following lease extension steps to complete the purchase?
I am looking into the costs of carrying out a lease extension for my garden flat in Finningley, and would like some figures on that.
I am about to view a two bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has fivety seven years balance left on the lease. It is also a repossession so I'm assuming that the lender will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
Are you able to advise on how much it would charges and the best way to start the lease extension process? I have roughly 71 years remaining and I own a garden flat in Finningley.
I have my suspicions that my daughter might have had the wool pulled over her eyes. She submitted an offer on a one bed flat in Finningley, where the lease is just under 76 years but she was informed by the selling agents that the current owner had extended it to 125 years. She has now been advised the homeowner was waiting for her to instruct conveyancers ahead of instigating the lease extension. Seems odd to me, also it may take time to sort it all out. What do you think?
I am a freeholder of a block of flats in Finningley, and the leaseholders are in the process of being given lease extensions. I anticipate receiving the money next month. Are there any tax implications, the property is in joint names with my husband ?
We wish to extend our lease having owned the flat for 2 years as of 1st April 2015. It has around 62 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
My husband and I are purchasing a ground floor flat in Finningley which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced extending the lease. The owner 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 lawyers to do OS1 search on the lease. The problem 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 lease title number is not known. Is it correct that we must hold on pending registration of the new lease?
Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Finningley for a two bed flat - section 42 is already in place?