Freshwater Lease Extension - Your Legal Fees Calculator
FAQs concerning Freshwater Lease Extensions
I acquired a property in Freshwater and it has circa seventy three years outstanding. I'd like to extend the lease period
The terms for the lease on my apartment in Freshwater are 99 years from 12 Dec 1990. Please give me a quote for a lease extension if I give you more details please?
We are the registered owners of a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Freshwater and are therefore deliberating the option of a vesting order. Is this something you can handle for us?
My flat in Freshwater is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want a lease extension. What will it likely cost to extend in this location by, say,twenty years
I own a share of the freehold. There are five apartments in the block. All the leaseholders are now looking for lease extensions. Are you willing to help us with this situation?
I am the freeholder of a Victorian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety eight years. What are my next steps?
I'm living with my parents but have a one bed flat in Freshwater let out which has a 64 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 Freshwater 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. Not sure sure whether to hold on or sell the flat?
If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
Me and my sister are acquiring a maisonette in Freshwater which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our solicitors to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our solicitors 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 have to wait until the new lease is registered?
I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Freshwater. I reside in the top flat. I was looking at the title deeds today when I noticed that my flat has a lease on it. There is 57 years remaining. Can one carry out a lease extension without using a solicitors?